Resale studio for sale in the Great American Lodge (MD3794126)
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The Great American Lodge development sold out very quickly. Buying this resale apartment means you leapfrog the development phase of the project and the inevitable teething problems that such a development will have. Now the development is running well, the high monthly returns are likely to consolidate and grow. If you missed the chance to invest in one of the Great American Lodge developments in North Dakota then here is a rare opportunity to acquire a resale unit that has come up for sale. It’s $29,000 cheaper than the developers most recent offering. It will offer exceptional returns and that's after costs! Projected income is $45,662 and after management and other costs it estimated that the return will be 32.98% in the 1st year and the same in the 2nd year. An advantage to the buyer of this resale unit is that the original owner had to wait through the construction of the development and of the establishment of a high level of business. It has proven rental returns of $1100+ per MONTH. This development is ideally placed to profit from the continuing and, in fact, expanding shale oil boom in Bakken, North Dakota. The region is sucking in workers from all over America, attracted by very high wages. Even Walmart is having to pay top dollar to attract people to this remote area. The problem faced by all these new workers is accommodation. There’s just not enough of it. As nature would have it, the oil boom took place in one of America’s most remote and inhospitable places. Temperatures can plummet to -40° in winter. Not the conditions for camping! For further details please do not hesitate to contact us.
Other Details: Number of Bedrooms: 1, Number of Bathrooms: 1
* Price: 55,900 USD
Date & Time Listed: 2015-01-22 16:20:59 GMT
For more details about this listing please click here to access the webpage provided by listing owner.
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