For Sale
$6,400,000

104 Prospect StWatford City, ND 58854

High-yield multifamily & retail investment

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 2015-built property at 104 Prospect St SE, Watford City, ND, presents a lucrative investment opportunity. The 1.95-acre lot encompasses a substantial 68,688 square feet of space, divided between a 55-unit apartment building and 12,000 square feet of commercial space. Currently fully occupied, this asset generates a stable income stream from both residential and commercial tenants. The property boasts a permitted commercial zoning designation, allowing for flexibility and potential future development. The land value, calculated at $93.17 per square foot, reflects the strong market demand in this area. Located in McKenzie County, ND, with a zip code of 58854, this meticulously maintained complex benefits from its prime location and professional management. The property's APN is 82-23-03200. This turnkey investment offers a rare chance to acquire a high-performing asset with significant potential for long-term growth and returns. The asking price is $6,400,000. This is a fully occupied, well-maintained property with a proven track record of success. Don't miss this chance to own a piece of Watford City's thriving commercial and residential market.

Highlights

  • Exceptional 2015-built investment property in Watford City, ND.
  • 1.95-acre lot with 68,688 square feet, including a 55-unit apartment building and 12,000 square feet of commercial space.
  • Fully occupied, generating stable income from residential and commercial tenants.
  • Commercial zoning allows for flexibility and future development potential.
  • Land value: $93.17/sq ft; APN: 82-23-03200; Asking price: $6,400,000.

Property Details for 104 Prospect St

Property type
Retail properties, Apartment buildings
Square Feet
68,688 SF
Year Built
2015
Lot Size (sq. ft)
84,942 SF

Location Insight

City
Watford City
County
McKenzie
State
North Dakota
Latitude
47.800457
Longitude
-103.212393
104 Prospect St, Watford City, North Dakota

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104 Prospect St
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