1010 Central AveBismarck, ND 58501

This exceptional investment opportunity presents a stabilized portfolio of 25 single-family rental homes located in Bismarck, North Dakota, specifically in Burleigh County, zip code 58501, at 1010 E Central Ave. All units were built in 2013 or later, ensuring modern amenities and minimizing maintenance needs. The portfolio boasts a 100% occupancy rate, generating a substantial net operating income (NOI) of $460,212, resulting in a pro-forma cap rate of 6.00%. The asking price for this value-add investment is $7,670,215, translating to a price per unit of $306,808.60. The portfolio's consistent rental history and low maintenance requirements offer a secure and lucrative investment with immediate cash flow. The diverse range of homes, situated throughout the Bismarck and Mandan area, provides a variety of floor plans and sizes, attracting a wide pool of tenants. This portfolio presents a compelling opportunity for investors seeking a stable, high-performing asset with potential for further value enhancement through rent optimization. Financial documentation will be required for qualified buyers.