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314 4th Street, Riverdale, ND 58565
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Riverdale, ND
$649,000
Stock Number: 4010840
Ad #4630959
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Own your own oasis income property in charming Riverdale, just minutes from Lake Sakakawea. This established hotel business has 8 units, each with inviting kitchenettes adjacent to a spacious sleeping space and private bathrooms. Four of the units are open floor plan/studio and four are one bedroom floor plan. All have been beautifully maintained and updated with newer appliances, new windows and doors, fresh paint, flooring and detailed upgrades. Light, neutral colors make each of these units inviting and comfortable. The accommodations are perfect for short or long stays making it ideal for a hotel, air b & b or long term rentals. Each unit also has garage space! The lower level offers 8 washer/dryer hookups, 4 current laundry sets, and so much room to expand or use as storage. Prime location to Lake Sakakawea adds to the great opportunity this property provides. For fisherman and hunters, this is a true oasis all year round. An ideal location for recreation, agriculture, and situated in the center of the state's energy industry. A perfect portfolio that cashflows from the start, with high online ratings, fully furnished, repeat customers, and an established office, plus reception area. If you are looking for an established investment property with so much potential to enjoy the great ND outdoors, this is it!
Additional Details
Seller's Website: http://RafterRealEstate.net
Condition: Used
Seller Type: Commercial / Business
Basement: Yes
Finished Square Footage: 3696
Lot Size (Acres): 0.29
Number of Baths: 6
Number of Bedrooms: 8
Number of Garages: 8
Special Balance: 0
Taxes: 1624.17
Year Built: 1951
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