105 12th St SE, Cooperstown, ND 58425 - Griggs County

Check out this 24-unit, all ground-level apartment complex located on the edge of town, just a short walk from local amenities. The property features all one-bedroom units, each offering both a private exterior entrance and interior hallway access, providing convenience and privacy for tenants. Hallways and units are fully handicap accessible, making the building suitable for a wide range of residents. Several units have been updated over time, adding to the property's overall appeal. Tenants enjoy off-street onsite parking, plus a one-stall detached garage ideal for additional storage. Inside, the complex offers a spacious community room complete with a kitchen and lounge area-perfect for gatherings and activities. A coin-operated laundry facility adds valuable onsite convenience. Financial highlights include current rents at $475/month with room for increases, a 7% cap rate, and 17 of 24 units currently occupied, presenting strong income with clear upside potential. Whether you're expanding your portfolio or looking for a stable income-producing property, this complex offers an excellent opportunity in a great location.

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