Property profile

518 4th SW St Jamestown, ND 58401

OFF-MARKET
Commercial real estate
Property ID
US56-0436010
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a stabilized, 36-unit apartment building portfolio located in Jamestown, North Dakota. The property consists of seven well-maintained, low-rise garden-style buildings; five four-plexes and two eight-plexes, all situated on a desirable site. Currently boasting 100% occupancy, this Class C multifamily asset offers a compelling 9% capitalization rate and an asking price of $2,100,000, translating to approximately $58,333 per unit. The spacious and modern units are designed for comfortable living, contributing to the historically high occupancy rate. The property's prime location within Jamestown ensures strong rental demand and provides investors with a stable foundation for long-term returns. This is an ideal acquisition for those seeking a well-positioned, multifamily investment in a thriving North Dakota market. The buildings are privately owned and represent a turnkey opportunity for immediate income generation. The property's strong performance history and attractive financial metrics make it a highly desirable investment prospect. This is a rare opportunity to acquire a portfolio of this size and quality in a desirable location. The property's low-rise design and well-maintained condition further enhance its appeal to both investors and residents.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
APN 74-3463580
UPID US56-0436010

Cap rate & NOI

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

Location

518 4th SW St Jamestown, ND 58401-4032
Jamestown metro Census 967500 JAMESTOWN, ND MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.98M

Owner & transaction history

since 2025
Last sale
$2.0M
4 recorded transactions
2025
$2.0M
2021
$1.0M
2021
Price N/A
2016
Price N/A

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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