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Garden-Style Multifamily Community
For Sale
Contact for pricing
Pending

12648 23rd St NW, Watford City, ND 58854

Garden-style apartment community with furnished studio and one-bedroom units plus furnished cabins.

Property SizeContact for details
Lot Size10.49 Acres
Days on Market149

Property Features for 12648 23rd St NW

General Information

Standard status Pending
Lot size 10.49 Acres
Property subtype Multifamily

Additional Details

Multifamily Units 164

Building Details

Year Built 2013
Listing Agency: SVN Northco Real Estate Services
Listed By: Frank Jermusek · License #20587652
Source: Crexi
Added: Apr 11 Changed: Sep 2 Last Checked: Sep 5 at 11:39AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN Northco Real Estate Services

Investment Insights

Based on property information with market context.

Telluride Lodge is a 164-unit garden-style multifamily community built in 2013. The property operates in an extended-stay style and offers fully furnished studio and one-bedroom apartment homes, as well as six fully furnished cabins. On-site amenities include a fitness room, laundry facilities, and a community room, along with outdoor outlets at each unit for block heaters.

Located in Watford City, ND, the community is positioned in the heart of the Bakken Oil Fields, serving corporate employees in the region.

The property is situated on approximately 10.49 acres and is designed to support longer-duration stays with furnished accommodations and on-site conveniences.

Key Highlights

  • 164‑unit garden‑style apartment community in Watford City, ND, built in 2013
  • Located on approximately 10.49 acres
  • Fully furnished studio and one‑bedroom apartment homes

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply (Bike/Boat/Book/etc) Store Plumbing Service Skin Care Clinic Storage Facility Wine and Liquor Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

164
Residential units

Location Intelligence

Trade Area within ½ mile

42
Businesses Nearby

Demographics for 58854, ND

9,142
Population
4,941
Households
1.9
Avg Household Size
31
Median Age
24%
College-Educated
93%
High-School Grad
666.1 sq mi
ZIP Area
14
Density / Sq Mi
$88,234
Median Household Income
$61,278
Median Earnings
$1,212
Median Rent
$387,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Garden-style apartment community with furnished studio and one-bedroom units plus furnished cabins.
Where is this apartment building located?
The property is located at 12648 23rd St NW Watford City, ND.
What are key features of this property?
This property features: 164‑unit garden‑style apartment community in Watford City, ND, built in 2013; Located on approximately 10.49 acres; Fully furnished studio and one‑bedroom apartment homes
(952) 820-1615 Call to check price and availability
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