Property profile

308 10Th St Fargo, ND 58102

OFF-MARKET
Apartment buildings
Property ID
US56-0019683
416 SF Built 2022
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Property summary

AI-generated overview

This exceptional investment opportunity presents a portfolio of three unique rental properties in the heart of downtown Fargo, North Dakota, at 308 10th St N, zip code 58102. The portfolio includes two 416 square foot, 2022-built tiny homes, and a larger rental home. The larger home, originally built in 1900, boasts 1,812 square feet and underwent a complete renovation in 2022. One of the tiny homes is a groundbreaking hempcrete construction, offering significant environmental and structural advantages, including reduced VOCs, energy savings, superior fire resistance, carbon sequestration, and an extended lifespan. This unique portfolio is situated near other high-quality properties such as 300 Lime, the Mosaic, and 220 West Apartments, and directly across from the North Dakota State University School of Business. The entire property sits on a 6,625 square foot lot. This is a rare chance to acquire a diverse and highly desirable rental property portfolio in a thriving downtown area, offering a compelling return on investment. The asking price for this unique opportunity is $585,637.

Property profile

Verified
Property type Apartment buildings
Year built 2022
Total area 416 SF
UPID US56-0019683

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

308 10Th St Fargo, ND 58102
Fargo metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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