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    FOR SALE
    Commercial real estate

    12597 Zoe Rd, Watford City, ND 58854

    Entity Owned Free & Clear
    Property ID
    US56-0385306
    Property summary
    AI-generated overview

    This exceptional 50-space RV park, located at 12597 Zoe Rd, Watford City, ND 58854, presents a lucrative investment opportunity. Situated on a 4.73-acre lot, this fully developed park, built in 2011, boasts spacious sites measuring 29.5' x 70'. Each site is equipped with water, sewer, and heated probes for winter use, along with metered electricity offering 20/30/50 amp service. The park's prime location on the edge of Watford City, a significant drilling center, ensures consistent demand. This cash-flowing business offers strong financials and is ideal for investors seeking a high return on investment. The property is licensed and operates as a high-quality RV park, making it a turnkey operation. Consider its potential as a workforce housing solution, further enhancing its appeal. The seller may consider owner financing. This is a rare opportunity to acquire a well-established and profitable RV park in a thriving North Dakota market. The property is conveniently located in McKenzie County and offers a significant opportunity for growth and expansion.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    APN 63-30-00700
    UPID US56-0385306
    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
    AI Approach AI
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    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    ARROWWOOD DEVELOPMENTS LLC
    ARROWWOOD DEVELOPMENTS LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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