For Sale
$700,000

6421 13 Mile Ctr RdWilliston, ND 58801

Multi-unit housing complex, bankruptcy auction.

Overview

Added:
Feb 3
Days on market:
59
This exceptional investment opportunity presents a multi-unit housing complex strategically located in the heart of the Bakken Oil Fields in Williston, North Dakota. The property, currently being sold via a U.S. Bankruptcy Court-ordered auction (Southern District of Texas), encompasses 2.36 acres of land and includes four substantial dormitory-style buildings totaling 16,576 square feet. Building Three offers four apartments, each featuring a common living area, dining space, kitchen, laundry facilities, and two bedrooms with ensuite bathrooms. Importantly, the ground floor apartments in this building are designed for handicap accessibility. Buildings Four, Five, and Six each contain two apartments, each with a shared living area, dining area, kitchen, laundry facilities, and six bedrooms (two on the ground floor and four on the second floor). In total, the property comprises ten apartments and forty-four bedrooms. Current market analysis indicates average monthly rental income per apartment ranges from $2,000 to $3,000. It is crucial to note that two additional buildings situated on the property are under separate ownership (RS Bakken One LLC) and are explicitly excluded from this auction and will not be conveyed at closing. This presents a unique chance to acquire a substantial income-generating asset in a high-demand area. The property's size and configuration offer significant potential for future development or continued operation as a multi-unit housing complex. All interested parties are encouraged to conduct their own due diligence.

Property Details for 6421 13 Mile Ctr Rd

Property type
Square Feet
16,576 SF
Year Built
2012
Lot Size (sq. ft)
102,802 SF

Location Insight

City
Williston
County
Williams
State
North Dakota
Latitude
48.34533
Longitude
-103.6165
6421 13 Mile Ctr Rd, Williston, North Dakota

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6421 13 Mile Ctr Rd
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