Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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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.
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