138 Rodeo DrOakdale, ND 58640

Property Details for 138 Rodeo Dr

Year built

2015

Lot size

4.03 AC

Property size (Sq ft)

23,790 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

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.

Location Insight

City

Oakdale

County

Dunn

State

North Dakota

Latitude

47.3673

Longitude

-102.751

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