801 Dowden

Property facts

Price

$1,790,000

Status

For sale

Property type

Business opportunity

Lot size

0.68 acres

County

Cherry County

MLS #

11715716

About this business opportunity

8,616 sq.ft. Multi Level & 4,160 sq.ft. Multi Level Exceptional opportunity to acquire two well-maintained multifamily properties, a 8-plex and 6-plex, offered together. Ideally located in the desirable Valentine area, these properties feature a total of 14 units, all consisting of spacious two-bedroom layouts, appealing to a broad and stable tenant base. Each unit offers comfortable living spaces with functional floor plans and the added convenience of in-unit laundry, a highly sought-after feature for tenants. Additionally, all units are equipped with separate mechanical systems, allowing for easier maintenance, improved efficiency, and reduced owner expenses. The properties benefit from a strong occupancy history and provide steady reliable income for investors seeking immediate cash flow. Further enhancing the income potential, the property includes two utility/storage buildings with the opportunity to generate additional revenue-a valuable bonus for increasing overall returns. With a uniform unit mix, desirable in-unit features, separate mechanicals, and added income potential, this package presents a rare chance to own a scalable, low-maintenance multifamily investment in one of the most sought-after areas. Whether you're expanding your portfolio or entering the multifamily market, this 14-unit package delivers stability, simplicity, and long-term growth potential. Legal: CITY THIRD ADDITION LOTS 4 & 5 BLK 6 VALENTINE Lot Size: 87'x170' & 87'x170' Year Built: 2019 & 2014 Property Taxes/Year: $3,583.90 + $1,807.24/2025 Utilities: Electricity, water, & sewer separately metered with each tenant paying their own. Common area electricity is provided.

Features & amenities

Location

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