525 Demers Ave, Grand Forks, ND 56721

The property is a multifamily residential complex built on two separate sites. Northern Pacific features a three-story, wood frame apartment building with 36 rental units (1, 2 and 3 bedrooms), plus 24 single-story detached garage structures and parking in 48 exterior surfaced spaces. Constructed in 2014, the building includes elevator service, maintenance-free windows, a pitched asphalt roof, gypcrete floors and steel siding. Each unit is equipped with a stove, refrigerator, microwave, dishwasher, and washer/dryer, and all units include a balcony.

The second component, Minnesota Heights, is a four-story, wood frame apartment building with 39 rental units (1, 2 and 3 bedrooms) and 10 single-story detached garage structures. Constructed in 2013, it includes an elevator, gypcrete floors, steel siding, maintenance-free windows and a pitched asphalt roof. The main level includes commercial space totaling 6,500 square feet. All units have balconies, and units include the same major appliances package with in-unit washer/dryer.

Both buildings provide electric baseboard heat that is paid by the tenant, with individual wall air conditioning units for cooling. Domestic hot water, water and sewer are supplied and paid by the property at no additional costs to residents, and residential units are separately metered with tenant responsibility for electrical services. Common amenities include secure main entrances and mail areas, and the interior finish includes drywall surfaces with carpet in bedrooms and vinyl flooring in kitchens and bathrooms (layout-dependent). Parking is provided through a combination of exterior surfaced spaces and detached garages at each facility.