Property summary
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.
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6 recent transactions · within 1.5 miComparable in this City
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Property description
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