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Property profile & analytics
OFF-MARKET
Apartment buildings

304 Antelope Ave Forman, ND 58032

3,280 SF 0.46 ac lot Built 2014
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a well-maintained, two-unit apartment building ideally situated at 304 & 306 Antelope Avenue in Forman, North Dakota, 58032. Built in 2014, this property boasts a total of 3,280 square feet on a sizable 0.46-acre lot. The building features two distinct units: one with two bedrooms and a single-car garage, and the other offering three bedrooms and a two-stall garage. Both units benefit from oversized garages equipped with floor heat and drains, 36-inch doors, 9-foot ceilings, and 10x8-foot garage doors. Luxury features include walk-in whirlpool tubs and in-floor heating systems with propane and electric backup. Adding a unique security feature, the master walk-in closets are designed as secure rooms with 8-foot concrete walls and fire-rated doors. The property is zoned for residential multifamily use and offers convenient access. The building's exterior is finished with vinyl siding. The Sargent Central High School serves the area. Current income projections indicate a total annual income of $1800, with estimated annual utility expenses of $340. This property represents a strong cash-flowing investment with significant potential for future appreciation. The property includes three parking spaces. County records indicate the building area as 3,280 square feet. Accessibility features include accessible entrances, accessible full baths, and hallways.

Property profile
Verified
Property type Apartment buildings
Year built 2014
Total area 3,280 SF
Lot 0.46 ac (20,038 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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