3800 98TH Avenue S Unit G, Fargo, ND 58104
High-end garage condominiums customizable for hobbies and passions.
- Added:
- Jan 16, 2023
- Days on Market:
- 1248
- Last Refresh:
- May 13 at 8:11 pm
Property Features for 3800 98TH Avenue S Unit G
General Information
- Standard status
- Active
- Size
- 1,260 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 2022
Listing agent Justin Gustofson
Listing office Property Resources Group (701) 356-8888
Listing date Jan 16, 2023
Source Xome
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Property Resources Group
HighLights
- High‑end garage condominiums customizable for hobbies and passions.
- More than typical storage units, offering a 'home away from home' feel.
- Showcase your cars, RVs, boats, motorcycles, or hobby workspace.
- Includes guest facilities.
- Newly constructed in 2022.
- Space to hang out and relax.
Overview
Local Financial Insights For Self Storage
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $15.9k | $12.60 |
| − Vacancy | −$1.3k | −$1.01 |
| EGI | $14.6k | $11.59 |
| − OpEx | −$4.4k | −$3.48 |
| NOI | $10.2k | $8.11 |
Alternative Uses
Current Use by Public Records
Map
- City
- Fargo
- County
- Cass
- State
- North Dakota
- Longitude
- -96.8643
- Latitude
- 46.8079
