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    1600 11Th Ave Jamestown, ND 58401

    Sponsored
    For Sale
    $3,600,000

    High-Occupancy Apartment Complex in Jamestown, ND

    Property size:
    53,904 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 53,904 square foot apartment complex located at 1600 11th Avenue NE in Jamestown, North Dakota, presents a compelling investment opportunity. Priced at $3,600,000, this property offers a significant return on investment due to its impressive occupancy rate, demonstrating consistent and stable income generation. The well-maintained grounds and attractive amenities contribute to a comfortable and desirable living environment for residents, ensuring high tenant retention. Situated in a thriving area of Jamestown, this multifamily property is ideally suited for investors seeking a reliable income stream and long-term growth potential within the low-rise/garden apartment market. The property's prime location within Jamestown offers easy access to local amenities, transportation, and employment centers, further enhancing its appeal to renters. This is a rare opportunity to acquire a well-established, high-performing apartment complex in a growing market. The property's strong performance history and attractive features make it an ideal addition to any diversified real estate portfolio. Serious inquiries are encouraged to explore this lucrative investment opportunity further. Detailed financial statements and property information are available upon request. Don't miss this chance to secure a valuable asset in a promising North Dakota market.

    Property Features for 1600 11Th Ave

    General Information

    Property type
    Residential income properties
    Square Feet
    53,904 SF

    Building Details

    Year Built
    1972
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Clothing Store Building Supply Gym & Fitness Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jamestown
    County
    Stutsman
    State
    North Dakota
    Longitude
    -98.69354
    Latitude
    46.92526

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      Multi-Purpose Campus for Sale

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    FAQs

    What type of property is this?
    Residential income property - High-Occupancy Apartment Complex in Jamestown, ND
    Where is this residential income property located?
    The property is located at 1600 11Th Ave Jamestown, ND.
    What is the asking price?
    The asking price for this property is $3,600,000.
    Request Owner's contact information
    1600 11Th Ave Jamestown, ND 58401
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    1600 11Th Ave
    Jamestown, ND 58401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1600 11Th Ave Jamestown, ND 58401
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