An exceptional, turn-key investment opportunity consisting of a 17 unit apartment building with 5 detached garage stalls. Building offers 11 one bed/one bath units and 6 two bed/one bath units. Coin operated laundry. Lisbon is a thriving community with a hospital, the state Veterans’ Home, multiple manufacturing businesses, Lisbon school, a large sunflower processing plant to the North, 15 miles from Bobcat’s manufacturing plant, and more. Property manager lives onsite. This great investment opportunity is about an hour from Fargo and boasts a 9+ CAP rate along with an almost 100% occupancy over the last many years.
The Right Place to Call Home.
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