Upgraded Apartment
For Sale
Contact for pricing
201 7th Ave SE, Rugby, ND 58368
Multistate apartment portfolio with improved interiors and a balanced mix of one- and two-bedroom residences.
Property SizeContact for details
Days on Market143
Property Features for 201 7th Ave SE
General Information
Standard status
Active
Property subtype
Multifamily
Units
Unit Mix
63 x one-bedroom, 72 x two-bedroom
Multifamily Units
135
Additional Details
Average Monthly Rent
$583
Listing Agency:
SVN | Chicago Commercial
Listed By:
Reid Bennett, CCIM · License #IL 471015237
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 29 at 8:09PM
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 | Chicago Commercial
Investment Insights
Based on property information with market context.
This apartment portfolio includes 135 units across North Dakota and South Dakota, with most properties located around Aberdeen, South Dakota. The unit mix comprises 63 one-bedroom apartments and 72 two-bedroom apartments, providing a balanced residential configuration across the offering.
The properties date to the 1970s and have received major interior improvements since leaving the low-income Project-Based Section 8 program. The portfolio includes the property at 201 7th Ave SE in Rugby, ND, while the majority of the assets surround Aberdeen, a community of roughly 30,000 people that is home to Northern State University and Presentation College. Larger local employers identified in the offering include Avera St. Luke’s Hospital, 3M, Wells Fargo Auto Finance, Super 8 Worldwide, and Agtegra Cooperative.
The properties date to the 1970s and have received major interior improvements since leaving the low-income Project-Based Section 8 program. The portfolio includes the property at 201 7th Ave SE in Rugby, ND, while the majority of the assets surround Aberdeen, a community of roughly 30,000 people that is home to Northern State University and Presentation College. Larger local employers identified in the offering include Avera St. Luke’s Hospital, 3M, Wells Fargo Auto Finance, Super 8 Worldwide, and Agtegra Cooperative.
Key Highlights
- 135‑unit apartment portfolio spanning North Dakota and South Dakota
- Unit mix includes 63 one‑bedroom and 72 two‑bedroom apartments
- Properties were constructed in the 1970s
Property Analytics
Property Profile
Current Use
Lease Details
135
Residential units
Location Intelligence
Trade Area within ½ mile
226
Businesses Nearby
Explore this area
Business Placement
Demographics for 58368, ND
3,418
Population
1,668
Households
2
Avg Household Size
46
Median Age
33%
College-Educated
94%
High-School Grad
636.6 sq mi
ZIP Area
5
Density / Sq Mi
$56,209
Median Household Income
$42,625
Median Earnings
$815
Median Rent
$151,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Multistate apartment portfolio with improved interiors and a balanced mix of one- and two-bedroom residences.
Where is this apartment building located?
The property is located at 201 7th Ave SE Rugby, ND.
What are key features of this property?
This property features: 135‑unit apartment portfolio spanning North Dakota and South Dakota; Unit mix includes 63 one‑bedroom and 72 two‑bedroom apartments; Properties were constructed in the 1970s
