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3945 Nd-8 New Town, ND 58763

  • Commercial real estate
  • 49,152 SF
  • 12.40 lot acres
OFF-MARKET
Value Estimation
Location Intelligence

Current Use by Public Records

  • Commercial real estate

Property Details for 3945 Nd-8

Year built
2015
Lot size
12.40 lot acres
Property size
49,152 SF
Property type
Commercial real estate

Description

This exceptional 48-unit multifamily investment opportunity is situated on a spacious 12.4-acre parcel in New Town, North Dakota. Built in 2015, the property comprises sixteen single-story buildings, totaling 49,152 square feet of net rentable space. Each unit boasts a generous 1,024+/- square feet of living area, featuring two bedrooms and one bathroom. Amenities include an extra-wide detached garage for each unit, and select units are furnished. Interior features are designed for comfort and convenience, including walk-in closets, mudrooms with double doors, ample storage space, and a full-size washer/dryer. The kitchen is equipped with a refrigerator, microwave, dishwasher, range, and double kitchen sink. Community amenities enhance the appeal, offering residents a garden, dog walking trails, extra parking, and security cameras for peace of mind. The property's prime location in the heart of the Bakken oil and gas region, just east of New Town and a short drive from Stanley, ensures strong occupancy and rental rates. Its proximity to Van Hook Recreational Park adds to its desirability. The limited availability of new multifamily construction in the area, due to factors such as labor shortages, increased material costs, and reduced access to construction financing, further strengthens this investment's potential for long-term growth and profitability. The property's APN is 450008903. This is a rare opportunity to acquire a well-maintained, high-demand multifamily property in a thriving market. Contact us today for pricing and further details.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
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Location Insight

  • Map
  • Local Demand
City
New Town
County
Mountrail
State
North Dakota
Longitude
-102.345
Latitude
47.9845
More about this property
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