715 N 40TH Street, Grand Forks, ND 58203

$3,900,000
Property Type: MultiFamily Baths: 86 Square Footage: 103,430 Lot Size (sq. ft.): 157,672 Status: Closed
Current Price: $3,900,000 List Date: 4/09/2020 Last Modified: 8/29/2024

Overview

Description

The Gallery Apartments are located in Grand Forks, ND to the north of the University of North Dakota (UND) campus. The property consists of 83 units in total, 50 two-bedroom , 30 one-bedroom and 3 three-bedroom one bath units. There are four buildings on site with a common laundry, exercise, and one pool area with gathering room. Parking on site consists of 50 garages with the remaining being

Supplements: either surface or off-street parking. **Total bdrms 139

Listing Details MLS# 20-575

General Property Information

Property Subtype
Multi Family
Realtor.COM Type
Multi-Family
Total SqFt.
103430
Above Ground SQFT
103430
Total Bathrooms
86
Garage Type
Detached
Garage Stalls
50
Lot Size Dimensions
3.62
Lot SqFt
157672

Property Features

Levels: Three Or More Heating: Gas Hot Water

Location Tax and Legal Information

Area
N Grand Forks
House Number
715
Street Name
N 40TH
Street Suffix
Street
State/Province
ND
Country
USA
Postal Code
58203
County
Grand Forks
Zoning
A-1 Limited Development

Confidential Information

Begin Date
2020-04-08
Under Contract Date
2020-05-04
Sold Date
2020-07-20

Income

Gross Scheduled Income
72,070
# Units
83
Vacancy Percent
15.5

More Information

Inclusions

# Ranges
83
# Refrigerators
83

Schools

Grade Schools
Lake Agassiz
Middle Schools
Valley

Miscellaneous

Laundry
yes
Listing Office: Crary Real Estate
Last Updated: August - 29 - 2024
Information deemed reliable but not guaranteed.
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