Listings

3522 8th Avenue NE, Watford City, ND 58854

$1,200,000
Property Type: Multi-Family Bedrooms: 72 Baths: 72 Square Footage: 15,504 Status: Closed
Current Price: $1,200,000 List Date: 9/02/2021 Last Modified: 10/20/2024

Description

Proven Realty is Proud to offer this great investment portfolio. This two acre parcel was developed and leased in 2015 with SIX 5 unit townhomes with a mixture of two and three bedrooms, all fully furnished. These Apartments were leased at 100% until Covid hit, with oil prices rebounding and McKenzie County being the fastest growing county in the United States by percentage according to data recently released by the US Census Bureau, this is the perfect time to purchase this investment property.

Supplements: One of the Bakken's Best Subdivisions, Located in the heart of Watford City, the Epicenter of ND Drilling. High Quality Construction 30 Units, Mix of Two & Three Bedroom Units Each Building Consists of 12 Bedrooms/12 Bathrooms 1.9 Acres With Paved Parking, City Water & Sewer, & High Speed Internet Fully Furnished Close to Town and Other Amenities

More Information MLS# 21-1182

Contract Information

Seller Terms: N/A For Sale/Lease: Sale Current Price: $1,200,000 Book Section: Multi-Family Begin Date: 2021-09-01 Sold Price: $1,200,000 Status: Closed

General Property Description

Realtor.COM Type: Multi-Family Style: 2 Story Construction Type: Stick Built Basement: no Basement Type: None Total Bedrooms: 72 Total Bathrooms: 72 Garage Stall: 0 Garage Type: None Year Built: 2014 Total SqFt.: 15504 Total Full Baths: 72

Location, Tax and Other Information

City: Watford City Zoning: Res Low Density Taxes: 0 Tax Year: 2020 Mineral Rights: No Directions: This Property is located in the Hunter's Run Subdivision, one of the best in Watford City, North Dakota

ROS Contingent

Accepting Backup Offers: No

Exterior Features

Exterior: Hardy Plank

Miscellaneous

LBP Target Housing: 1

Utilities

Heat 1: Electric Forced Air Wtr/Swr/Gas Pd By: Owner Elec Pd By: Owner Heat Pd By: Owner

Sold Info

Tot $ Seller Conces: n/a

Location Tax and Other Information

Area: Watford City House Number: 3522 Street Name: 8th Street Suffix: Avenue Street Direction Sfx: NE State/Province: ND Postal Code: 58854 County: McKenzie

Sold Information

Sold Date: 2022-06-17 Sold Price: $1,200,000

Unit Info

Number of Units: 30

Property Features

Miscellaneous: LBP Target Housing
Listing Office: Proven Realty, LLC brokered by eXp Realty
Last Updated: October - 20 - 2024
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