Current Use by Public Records
- RODEO DRIVE APARTMENTS / Apartment Complex
Property Details for 138 Rodeo Dr
- Year built
- 2015
- Lot size
- 4.03 lot acres
- Property type
- Apartment buildings
Description
This exceptional 24-unit apartment building presents a compelling investment opportunity in Killdeer, North Dakota. Boasting a total of 23,790 square feet, this meticulously maintained property offers a blend of comfort and convenience. Constructed in 2015, the three-story building sits on a spacious 4.03-acre lot, providing ample on-site parking for residents. The complex comprises twelve 2-bedroom, 2-bathroom units and twelve 1-bedroom, 1-bathroom units, all fully furnished and equipped with in-unit washer/dryers and individual PTAC units. Currently operating at 100% occupancy, this property demonstrates strong rental demand and immediate cash flow potential. The asking price is $2,450,000, translating to $102,083.33 per unit and $102.98 per square foot. The property is zoned for multi-family use, presenting potential for future expansion on the expansive lot. This turnkey investment is ideal for discerning buyers seeking a stable and profitable addition to their portfolio. The building's modern design and high occupancy rate make it a truly attractive proposition in the thriving Killdeer market. Located at 138 Rodeo Drive, Killdeer, ND 58640, this property offers a rare opportunity to acquire a high-performing asset in a desirable location.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oakdale
- County
- Dunn
- State
- North Dakota
- Longitude
- -102.751
- Latitude
- 47.3673
