504 3Rd AveWahpeton, ND 58075

For Sale
$849,900

17-Unit Apartment Building, High Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 17-unit apartment building, known as Del Rose, is situated at 504 3rd Ave N in Wahpeton, North Dakota, zip code 58075. Currently boasting 100% occupancy, this three-story building presents a compelling investment opportunity with immediate cash flow. The property encompasses 8,000 square feet and offers a mix of one- and two-bedroom units, providing a diverse tenant base. Its strong rental history and consistent occupancy demonstrate its appeal and potential for long-term growth. An added benefit is the inclusion of an adjacent lot, providing ample off-street parking for residents, enhancing both tenant satisfaction and the overall property value. The asking price for this multifamily property is $849,900. Located in Richland County, this property is strategically positioned in Wahpeton, ND, offering convenient access to local amenities and services. This turnkey investment is ideal for those seeking a stable and profitable addition to their portfolio. The property's solid performance and attractive features make it a highly desirable acquisition in the North Dakota market. This is a rare opportunity to acquire a fully occupied, income-generating multifamily property with significant upside potential.

Highlights

  • 17-unit apartment building in Wahpeton, ND (58075) with 100% occupancy and immediate cash flow.
  • 8,000 square feet, three-story building with one- and two-bedroom units.
  • Includes adjacent lot providing ample off-street parking.
  • Asking price: $849,900.
  • Turnkey investment with strong rental history and significant upside potential.

Property Details for 504 3Rd Ave

Property type
Multifamily properties, Apartment buildings
Square Feet
8,000 SF
Stories
3
Units
17

Location Insight

City
Wahpeton
County
Richland
State
North Dakota
Latitude
46.2662341
Longitude
-96.6072949
504 3Rd Ave, Wahpeton, North Dakota
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504 3Rd Ave
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