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

Overview

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

Listing Details MLS# 21-1182

Contract Information

Book Section
Multi-Family
Begin Date
2021-09-01
Seller Terms
N/A
For Sale/Lease
Sale

General Property Description

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

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

ROS Contingent

Accepting Backup Offers
No

Sold Information

Under Contract Date
2022-01-26
Sold Date
2022-06-17

Unit Info

Number of Units
30

More Information

Utilities

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

Exterior Features

Exterior
Hardy Plank

Sold Info

Tot $ Seller Conces
n/a

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

Miscellaneous

LBP Target Housing
Yes

Property Features

Miscellaneous: LBP Target Housing
Listing Office: Proven Realty, LLC brokered by eXp Realty
Last Updated: October - 20 - 2024
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity program of the Badlands Board of REALTORS(R) Multiple Listing Service. Real estate listings held by brokerage firms other than the owner of this site are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. The materials contained within this page may not be reproduced without the express written consent of the owner of this site. This information contained herein is believed to be accurate and timely, but no warranty as such is expressed or implied.

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