Property profile

5180 Lincoln Rd Lincoln, ND 58504

FOR SALE
Apartment buildings
Property ID
US56-0117285
45,507 SF Built 2014
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Property summary

AI-generated overview

Aspen Group LLP Commercial Real Estate Services is pleased to present this exciting multi-family property for sale. Situated along Lincoln Road, a high traffic corridor, the property is just minutes from Bismarck’s Kirkwood Mall! Built in 2014, this 3 story – 36 unit apartment building complete with garages offers new construction with leases in place. 45,507 SF building on 2.76 acres; Security system with cameras to DVR system; Auto door lock system with call units in each apartment; Washer & dryer in each unit; Electric heat measured to each unit; Wall AC units; Fire alarm system; Fully fire sprinkled.

Property profile

Verified
Property type Apartment buildings
Year built 2014
Total area 45,507 SF
UPID US56-0117285

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5180 Lincoln Rd Lincoln, ND 58504
Lincoln metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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