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901 9Th St West Fargo, ND 58078

273 Units, High Occupancy, Steady Income

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional investment opportunity presents a stabilized multifamily portfolio comprising 273 units across 20 buildings. Located in West Fargo, North Dakota, and seven surrounding communities within the fertile Red River Valley, this property boasts a remarkable 99.6% occupancy rate, generating a consistent and substantial income stream. Owned by Edgewood REIT, this portfolio benefits from an established property management company with over five years of experience in place. The current management team is willing to continue managing the property for a new buyer, ensuring a seamless transition. The portfolio's strong performance history and high occupancy rate make it an attractive investment for those seeking a stable and profitable addition to their real estate holdings. The address for the main location is 901 9th St W, West Fargo, ND 58078. This portfolio represents a rare opportunity to acquire a well-established, high-performing multifamily asset in a thriving North Dakota market. The portfolio's size and established management provide immediate cash flow and long-term growth potential. Further details regarding the individual buildings and their specific characteristics are available upon request. This is a turnkey investment ready for immediate ownership.

Highlights

  • Multifamily investment opportunity in West Fargo, ND.
  • 273 units across 20 buildings, offering a stable income stream.
  • Currently boasts near 100% occupancy (99.6%).
  • Professionally managed by ASA, with the option for continued management.
  • Owned by Edgewood REIT.

Property Details for 901 9Th St

Property type
Apartment buildings
Buildings
20
Units
273

Location Insight

City
West Fargo
County
Cass
State
North Dakota
Latitude
46.867141924122
Longitude
-96.91445253716

FAQs

What type of property is this?
Apartment building - 273 Units, High Occupancy, Steady Income
Where is the apartment building located?
The property is located at 901 9Th St West Fargo, ND.
What are key features of this property?
This property features: Multifamily investment opportunity in West Fargo, ND.; 273 units across 20 buildings, offering a stable income stream.; Currently boasts near 100% occupancy (99.6%).
How can I contact the broker?
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901 9Th St
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