Property summary
This exceptional investment opportunity presents an established 18-unit townhome community in Watford City, North Dakota. The portfolio comprises ten buildings, each a two-story duplex, totaling 36,540 square feet. All 18 units are currently 100% occupied, boasting four bedrooms and five bathrooms each, with approximately 2,030 square feet of net rentable space per unit. Each townhome includes a two-car garage and a large, fenced backyard. Recent renovations (2021-2024) feature modern… updates, including luxury vinyl tile, stainless steel appliances (Maytag, Whirlpool, or GE), LED lighting, and updated window coverings. A complete roof replacement was completed in October 2022, and privacy fencing was installed in October 2021. The property is zoned C-2 and sits on approximately 0.14 to 0.23 acres. The community is conveniently located near schools, the Rough Rider Center, Fox Hills golf course, local businesses, restaurants, and Theodore Roosevelt National Park, with easy freeway access. The property offers a 6.92% cap rate and a net operating income (NOI) of $290,700, with an asking price of $4,200,000 ($244,444 per unit and $120 per square foot). This represents a rare opportunity to acquire a stabilized, high-performing multifamily asset in a thriving North Dakota market. The property is offered for sale by owner. Four parking spaces are available per unit. The buildings were constructed in 2014.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
7 properties nearbyComparable nearby
Similar Nearby for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 36,540 SF
- Lot area
- 0.14 ac
- Year built
- 2014
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
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- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- 300 reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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