310 8Th StFargo, ND 58103

This exceptional Class A, 30-unit apartment building presents a rare investment opportunity. Located in Fargo, North Dakota's desirable Hawthorne neighborhood at 310 8th St S, this 56,576 square foot property boasts 42,617 square feet of net rentable space, spread across a single, four-story building on a 39,000 square foot lot. Built in 1994, the property features a mix of one, two, and three-bedroom units, many with private patios or balconies, vaulted ceilings, and skylights. In-unit laundry hookups and heated underground parking (with 23 additional surface spaces) add to the appeal. The 100% occupancy rate, comprised largely of long-term tenants, speaks to the property's desirability and strong rental demand. The property benefits from its location near downtown Fargo, offering easy access to dining, shopping, and cultural attractions. This value-add investment, zoned MR-3, presents significant upside potential in both income and expense management. The property is being offered via online auction, with bidding opening December 17th, 2024, at 8 am Central and closing December 19th, 2024, at 10 am Central. Property previews are scheduled for November 7th, November 20th, and December 3rd, from 11 am to 2 pm Central. Complete due diligence materials are available upon request. This is a truly unique opportunity to acquire a highly coveted asset in a prime location.