$649,000 Price Analysis 314 4th StRiverdale, ND 58565 8 bed 8 bath 3,696 SqFt ($175/SqFt) 0.29 acre lot. Built 1951 Listed 2023-11-27 | ✓ USDA Eligible near Riverdale, ND Restrictions may apply due to home size |
Minutes from Lake Sakakawea. This established hotel business has 8 units, each with inviting kitchenettes adjacent to a vast 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 d oors, 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 and 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 fantastic 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 nvestment property with so much potential to enjoy the great ND outdoors, this is it!
Presented by Kelsi Hach at
Rafter Real Estate.
Property MLS #4010840 from GreatNorthMLS
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.