**SOLD!!**
11-Unit Multi-Family Investment Opportunity
Sully Place Apartments - Fargo, ND 
MLS # 21-595
PRICE:  $650,000
 
Property Note: Pifer’s Auction and Realty is proud to present this 11-unit multi-family investment opportunity. Sully Place apartments is located on North University Drive in Fargo, ND. Great location with excellent proximity to bustling downtown Fargo area. This property boasts meticulous maintenance and impressive history of low vacancy! Proposed rent increase for 2022 resulting in 6% cap rate. Financials available upon request.
 
Contact: Jared Nelson at 701.371.2388 or Pifer's Auction & Realty at 877.700.4099 for more information.
 
Investment Highlights:

11 - 1 bedroom apartments 
91% Occupancy 
Coin laundry income
Well established residential neighborhood
Many long standing tenants
History of low vacancy 
Great upside potential

Address: Sully Place - 1104 N University Drive, Fargo, ND 58102
Acres: 0.22 +/-
Legal: Lot: 4 Block: 12 KIRKHAMS 2ND E 6' OF N 90' LOT 4 BLK 12 AND N 90' LOTS 5 & 6
Parcel #: 01-1640-01470-000
Taxes (2020): $5,086.28