518 4th SW St, Jamestown, ND 58401-4032
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.