1350 Mike St | Dickinson, ND 58601
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1350 Mike St
Dickinson, ND 58601
Falcon Heights Apartments · Multifamily Property For Sale
·
202 Units
INVESTMENT HIGHLIGHTS
- Double-Digit Cash-on-Cash Returns from Day One of Ownership
- Several Fully Furnished Units Available, Collecting Higher Rent
- Desirable Mix of Studio and One-Bedroom Units
- Available Below Today’s Replacement Costs
- Dickinson’s Median Household Income ($74,469) is Well Above the National Average ($59,039)
PROPERTY FACTS
| No. Units | 202 | Building Size | 148,100 SF |
| Property Type | Multifamily | Average Occupancy | 92% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 2013 |
| Building Class | B | Parking Ratio | 0.95/1,000 SF |
| Lot Size | 14.73 AC |
| No. Units | 202 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 14.73 AC |
| Building Size | 148,100 SF |
| Average Occupancy | 92% |
| No. Stories | 3 |
| Year Built | 2013 |
| Parking Ratio | 0.95/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Storage Space
- Washer/Dryer
- Heating
- Vaulted Ceiling
- Refrigerator
- Range
- Walk-In Closets
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- 24 Hour Access
- Fitness Center
- Property Manager on Site
- Maintenance on site
- Online Services
ABOUT 1350 MIKE ST , DICKINSON, ND 58601
Please see attached Offering Memorandum
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 78 | $622.50 | 425 |
| 1+1 | 124 | $882.50 | 850 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $27,277,500 | |
| Land Assessment | $1,716,900 | Total Assessment | $28,994,400 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,716,900
Improvements Assessment
$27,277,500
Total Assessment
$28,994,400
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