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    OFF-MARKET
    Commercial real estate

    901 9Th St, West Fargo, ND 58078

    Property ID
    US56-0057458
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a stabilized multifamily portfolio comprising 273 units across 20 buildings. Located in West Fargo, North Dakota, and seven surrounding communities within the fertile Red River Valley, this property boasts a remarkable 99.6% occupancy rate, generating a consistent and substantial income stream. Owned by Edgewood REIT, this portfolio benefits from an established property management company with over five years of experience in place. The current management team is willing to continue managing the property for a new buyer, ensuring a seamless transition. The portfolio's strong performance history and high occupancy rate make it an attractive investment for those seeking a stable and profitable addition to their real estate holdings. The address for the main location is 901 9th St W, West Fargo, ND 58078. This portfolio represents a rare opportunity to acquire a well-established, high-performing multifamily asset in a thriving North Dakota market. The portfolio's size and established management provide immediate cash flow and long-term growth potential. Further details regarding the individual buildings and their specific characteristics are available upon request. This is a turnkey investment ready for immediate ownership.

    Property profile
    Verified
    Property type Commercial real estate
    UPID US56-0057458
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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