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6480 30th Avenue Northeast
Rugby, ND 58368
Asking Price
$650K
Asset Type
Flex Industrial
Class
Class B
What's Special
Industrial | 6,162 SqFt <ul><li>Brand-new commercial shop condominium</li><li>Stand-alone, expansive 60'x100' premium facility</li><li>Designed for businesses, contractors, hobbyists, and entrepreneurs</li><li>HOA fee $150/month covers road maintenance, weed control, snow removal, garbage, sewer and exterior structure insurance</li><li>Conveniently located near HWY 2 & 3 in Rugby</li><li>About 1 hour from Devils Lake and Minot</li><li>Work in progress - customizations can be made prior to completion</li></ul>
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NOI
$80,000
Cap Rate
12.31%
DSCR
2.07
Strong
Cash-on-Cash
21.24%
Monthly Payment
$3,215.351
Annual Cash Flow
$41,415.793
