301 Gumbo LoopOakdale, ND 58640
- Hospitality properties
- 8,720 SF
Property Details for 301 Gumbo Loop
- Year built
- 1980
- Property size (Sq ft)
- 8,720 SF
- Property type
- Hospitality properties
- Property subtype
- Other specialty properties
Description
This exceptional commercial property in Killdeer, North Dakota, presents a unique investment opportunity. The 8,720-square-foot building encompasses a versatile shop with three 16-foot overhead doors, ideal for various industrial or commercial uses, and a five-office space with two conference rooms. Three on-site apartments provide additional income potential or housing for staff. Complementing the commercial space is a well-maintained 19-pad RV park, perfectly positioned to serve the thriving energy sector in the Williston Basin. Built in 1980, this Class B property boasts a current occupancy of 20%, projected to increase. The asking price is $1,000,000, representing a compelling $114.68 per square foot and a projected 11.06% capitalization rate based on a Net Operating Income (NOI) of $110,600. Projected expenses include $16,175 for heat, $1,620 for water, sewer, and gas, $4,800 for snow removal, $5,790 for property taxes, and $6,600 for insurance. The property's location in Dunn County, within the dynamic Williston Basin, offers significant growth potential due to the region's robust oil and gas production. Seller financing may be available for qualified buyers. The property's address is 301 Gumbo Loop, Killdeer, ND 58640. APN: 10-8204-023.
Location Insight
- City
- Oakdale
- County
- Dunn
- State
- North Dakota
- Latitude
- 47.4712
- Longitude
- -102.897
Comparable in this City
Similar Nearby for Sale
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].