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Updated 12-Plex Apartment Building
For Sale
Contact for pricing
Pending

300 6th St NW, Watford City, ND 58854

12-plex offers 10 two-bedroom and two one-bedroom units, with most apartments recently updated.

Property SizeContact for details
Days on Market143

Property Features for 300 6th St NW

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 12

Amenities

common laundry facility
Listing Agency: Paramount Real Estate
Listed By: Crystal Porter · License #North Dakota - 10584
Source: Crexi
Added: Apr 10 Changed: Aug 13 Last Checked: Aug 30 at 5:52PM

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 Paramount Real Estate

Investment Insights

Based on property information with market context.

This 12-plex apartment building includes 10 two-bedroom units and two one-bedroom units. Public remarks indicate that most apartments have recently been updated, and the property also provides a common laundry facility for resident use.

Renter responsibility for utilities is noted in the remarks, which can simplify ongoing operating management.

For the transaction process, registration requirements and regulations are referenced by the broker, and the remarks specify a non-contingent earnest money deposit of 10% of the winning bid amount. A platform fee of 5% of the winning bid amount is noted, with a $20,000 minimum, along with a $5,000 participation deposit requirement.

Key Highlights

  • 12‑plex apartment building with 10 two‑bedroom units and 2 one‑bedroom units
  • Most apartments have recently been updated
  • Common laundry facility for additional income

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Garden Center Grocery & Convenience Store HVAC Service Computer & Electronic Repair

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

12
Residential units

Location Intelligence

Trade Area within ½ mile

379
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 - 12-plex offers 10 two-bedroom and two one-bedroom units, with most apartments recently updated.
Where is this apartment building located?
The property is located at 300 6th St NW Watford City, ND.
What are key features of this property?
This property features: 12‑plex apartment building with 10 two‑bedroom units and 2 one‑bedroom units; Most apartments have recently been updated; Common laundry facility for additional income
More about this property
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