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    12995 21Th St Arnegard, ND 58835

    For Sale
    $220,000

    Eight-unit park, 3.25 acres, $220,000

    Property size:
    4,480 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional investment opportunity presents an eight-unit mobile home park situated on a spacious 3.25-acre lot in Arnegard, North Dakota. The property boasts a total of 4,480 square feet of living space, distributed across two substantial mobile homes. Each mobile home offers eight bedrooms, a full kitchen, and a living room, providing ample space and privacy for sixteen residents. The well-maintained mobile homes feature a functional layout designed to maximize individual privacy. The property is conveniently located on County Road #30, southwest of Watford City, offering easy access to town amenities. This property is ideal for investors seeking workforce housing solutions, with each unit priced at $27,500. The asking price for the entire park is $220,000, representing a price per square foot of $49.11. The property's location and size make it a compelling investment in a growing area. The quality construction and thoughtful layout contribute to its strong potential for rental income and long-term appreciation. This turnkey operation is ready for immediate income generation. The property's proximity to Watford City and its convenient location on a paved road further enhance its appeal.

    Property Features for 12995 21Th St

    General Information

    Property type
    Multifamily properties
    Square Feet
    4,480 SF
    Lot Size
    141,570 SF

    Building Details

    Units
    8

    HighLights

    • Eight‑unit mobile home park workforce housing opportunity.
    • Quality construction with efficient floor plans maximizing resident privacy.
    • Each of the two mobile homes offers approximately 2,240 square feet.
    • 3.25‑acre lot located directly off paved County Road #30, southwest of Watford City, ND.
    • Excellent location near Watford City, offering convenient access to amenities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Map

    City
    Arnegard
    County
    McKenzie
    State
    North Dakota
    Longitude
    -103.5085894
    Latitude
    47.718022

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    FAQs

    What type of property is this?
    Multifamily property - Eight-unit park, 3.25 acres, $220,000
    Where is this multifamily property located?
    The property is located at 12995 21Th St Arnegard, ND.
    What is the asking price?
    The asking price for this property is $220,000.
    What are key features of this property?
    This property features: Eight-unit mobile home park workforce housing opportunity.; Quality construction with efficient floor plans maximizing resident privacy.; Each of the two mobile homes offers approximately 2,240 square feet.
    Request Owner's contact information
    12995 21Th St Arnegard, ND 58835
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12995 21Th St Arnegard, ND 58835
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