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3502 Interstate Blvd
Fargo, ND 58103
KJT Place - West Acres · Multifamily Property For Sale
·
25 Units
Executive Summary
This is an opportunity to own a 25 unit multifamily building with lower current rents and a potential for upside. This property has ample land to add garages for the units and is currently at over 90% occupancy.
Property Facts
| Price Per Unit | $50,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 1.40 AC |
| Cap Rate | 7% | Building Size | 25,000 SF |
| No. Units | 25 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1994 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | GC | ||
| Price Per Unit | $50,000 |
| Sale Type | Investment |
| Cap Rate | 7% |
| No. Units | 25 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.40 AC |
| Building Size | 25,000 SF |
| No. Stories | 1 |
| Year Built | 1994 |
| Opportunity Zone |
Yes |
| Zoning | GC |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 25 | - | 350 - 600 |
Property Taxes
| Parcel Number | 01-8802-00100-000 | Improvements Assessment | $470,250 |
| Land Assessment | $109,000 | Total Assessment | $579,250 |
Property Taxes
Parcel Number
01-8802-00100-000
Land Assessment
$109,000
Improvements Assessment
$470,250
Total Assessment
$579,250
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