12995 21Th St Arnegard, ND 58835
This exceptional investment opportunity presents an eight-unit mobile home park situated on a spacious 3.25-acre lot in Arnegard, North Dakota. The property boasts a total of 4,480 square feet of living space, distributed across two substantial mobile homes. Each mobile home offers eight bedrooms, a full kitchen, and a living room, providing ample space and privacy for sixteen residents. The well-maintained mobile homes feature a functional layout designed to maximize individual privacy. The property is conveniently located on County Road #30, southwest of Watford City, offering easy access to town amenities. This property is ideal for investors seeking workforce housing solutions, with each unit priced at $27,500. The asking price for the entire park is $220,000, representing a price per square foot of $49.11. The property's location and size make it a compelling investment in a growing area. The quality construction and thoughtful layout contribute to its strong potential for rental income and long-term appreciation. This turnkey operation is ready for immediate income generation. The property's proximity to Watford City and its convenient location on a paved road further enhance its appeal.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.