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77 Unit Multi-Family Investment Opportunity - Watford City, ND

77 Unit Multi-Family Investment Opportunity - Watford City, ND 
Listing Details (ID# 4342)
Listed Price
$4,688,000
Listing Location
Watford City, ND
County
McKenzie
Size
1 Parcels
Contact
Steve Link, 701.361.9985

 

77 Unit Multi-Family Investment Opportunity

Cherry Creek Apartments - Watford City, ND 

PRICE:  $4,688,000 ($60,883 / door)

 

Property Note:  Pifer’s Auction and Realty is proud to present a newly built, 77-Unit, 3 story multifamily opportunity for purchase in Watford City, ND.  The Cherry Creek property features secure access for 1, 2, & 3 BR units ranging in size from 1,005-1,400 sq. ft..  A large meeting and entertaining space on the main floor and laundry facilities on each floor with elevator access.  Property is currently subject to essential worker housing restrictions per land lease agreement with McKenzie County ND.  (See ground lease for details) Garages and off-street parking available.  Financial data available upon request.

 

Contact: Steve Link at 701.361.9985 for more information or Pifer's Auction & Realty at 877.700.4099.

 

Property Information:

Unit Mix

1BD

5

2BD / 1BA

57

2BD / 2BA

12

3BD / 2BA

3

 

Address: Cherry Creek Apartments: 1008 4th Ave. SE - Watford City, ND 58854

Acres: 2.76 +/-

Legal: CITY CHERRY CREEK FOURTH ADDITION LOT 1 BLOCK 1

Parcel #: 83-36-00100

Taxes (2020): $49,804.00

77 Unit Multi-Family Opportunity - Watford City, ND
Acres: 2.76