Fimon Trucking is a well-known name in the Nome and surrounding area. Roads, residential pads, mining and corporate/government contracting and subcontracting jobs are all a part of the services provided by this long-term, respected and established gravel company. Operated in the summers and clearly showing a good profit, the owner wants to spend more time with family out of state and is looking for a serious buyer to turn over the keys! Along with equipment, this sale includes 2 storage containers, tools, spare parts.
Almost 3 acres with a ‘dome-style’ cabin, this is one of the best lots in this subdivision! Amazing views of the Nome River, the Bering Sea and the mountains. The dome is on a block and pad foundation on fill, with a deck built onto it. The power is connected, so this place is ready to go! Located only 4 miles out the Beam Road, it’s outside of the City of Nome so there are ZERO TAXES.
A perfect spot for a summer retreat, or a great location to build a home with a filled lot and electric service already in place!
Repurpose existing buildings: Of course there are parts of the building which cost money to bring up to code, to fix, or to eliminate. But these costs do not compare to the enormous amount you save when you purchase a pre-existing building, as there is a huge creation of value there.
Create smaller units: Not only can can fit more units in a building if they’re smaller, but if you are going to rent to lower-income people, the utilities would have to be cheaper too. Smaller units kill two birds with one stone.
Leverage mass transit/walking: This goes along with the previous tip. If tenants don’t have to pay for parking, gas, or upkeep on a car, this also makes rent easier to come by.
Splurge on windows: Again, this one comes down to utility costs. While new, energy-efficient windows can be a big expense, they will pay off in the long run in the form of lower heating and cooling bills.
Ditch the carpeting: Tile or hardwood floors might not be especially cheap compared to industrial carpet, but they can go many years without needing to be replaced. Furthermore, avoiding carpeting allows for less down-time between tenants.
From a new port to a new Wellness Center to the Graphite mine, there are several projects planned for Nome that will require expansion in our housing market. There is currently a shortage of affordable housing choices for individuals and families in Nome. Could this 5,000 plus sq ft building be converted to a viable housing option?
You can obtain a credit report at least once a year to check or correct errors or problems. The only official site for the free credit check is http://www.annualcreditreport.com. The report is free but actual scoring has a fee attached to it. You can check your report with the 3 major bureaus (Equifax, Transunion, and Experian) Be warned, your reports may not be identical, and if you do order a score, the system the lenders use to validate is slightly different from consumer purchased scores.
Remember, http://www.annualcreditreport.com is the ONLY guaranteed free site.