2Nd Ave Washburn, ND 58577

This exceptional investment opportunity in Washburn, North Dakota, presents a unique multifamily rental portfolio encompassing two conveniently located properties on Garden Drive and 2nd Avenue. The portfolio comprises six recently constructed (within the last eight years) patio-style homes, a fifteen-lot RV park, and fifteen mobile home lots. Ten of the mobile home lots are occupied by portfolio-owned homes, generating higher rental income. The Garden Drive property enjoys high visibility, situated off Highway 83 near local businesses such as Family Dollar and Krause's Market. The 2nd Avenue property is situated near the city's Main Street and the city pool, offering significant potential for future multifamily development due to its size and location. This portfolio presents a compelling investment opportunity with substantial growth potential in the expanding city of Washburn. The asking price is $1,199,000. The properties are less than a mile apart, offering operational efficiencies. This is a rare chance to acquire a diverse and established rental income stream with significant upside.