For Sale
$2,450,000

138 Rodeo Dr Oakdale, ND 58640

24-unit building, 100% occupied

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional 24-unit apartment building presents a compelling investment opportunity in Killdeer, North Dakota. Boasting a total of 23,790 square feet, this meticulously maintained property offers a blend of comfort and convenience. Constructed in 2015, the three-story building sits on a spacious 4.03-acre lot, providing ample on-site parking for residents. The complex comprises twelve 2-bedroom, 2-bathroom units and twelve 1-bedroom, 1-bathroom units, all fully furnished and equipped with in-unit washer/dryers and individual PTAC units. Currently operating at 100% occupancy, this property demonstrates strong rental demand and immediate cash flow potential. The asking price is $2,450,000, translating to $102,083.33 per unit and $102.98 per square foot. The property is zoned for multi-family use, presenting potential for future expansion on the expansive lot. This turnkey investment is ideal for discerning buyers seeking a stable and profitable addition to their portfolio. The building's modern design and high occupancy rate make it a truly attractive proposition in the thriving Killdeer market. Located at 138 Rodeo Drive, Killdeer, ND 58640, this property offers a rare opportunity to acquire a high-performing asset in a desirable location.

Highlights

  • $2,450,000 asking price for this 24-unit apartment building.
  • 23,790 square feet, offering $102.98 per square foot.
  • 100% occupancy rate.
  • 24 units total: 12 two-bedroom/two-bath and 12 one-bedroom/one-bath units.
  • Built in 2015, this three-story building sits on a 4.03-acre lot in Killdeer, ND.
  • Multi-family zoning permits expansion.

Property Details for 138 Rodeo Dr

Property type
Apartment buildings
Square Feet
23,790 SF
Year Built
2015
Buildings
1
Stories
3
Lot Size (sq. ft)
175,547 SF
Units
24

Location Insight

City
Oakdale
County
Dunn
State
North Dakota
Latitude
47.367256634094
Longitude
-102.75135527488

FAQs

What type of property is this?
Apartment building - 24-unit building, 100% occupied
Where is the apartment building located?
The property is located at 138 Rodeo Dr Oakdale, ND.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: $2,450,000 asking price for this 24-unit apartment building.; 23,790 square feet, offering $102.98 per square foot.; 100% occupancy rate.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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138 Rodeo Dr
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