409 Apartments
Multifamily | 9 Units
Marketing description
Presenting a meticulously maintained 100% leased 9-unit apartment complex, boasting extensive upgrades throughout each unit and common areas—totaling approximately $40,000. Exterior enhancements further complement this appealing property. Ideally situated just outside downtown Fargo and directly across from Sanford Hospital, this property offers a prime investment opportunity. Given the scarcity of similar-sized multifamily properties for sale on the market in both Fargo and Moorhead, this presents a unique and attractive chance for investors seeking to capitalize on the local market.
Investment highlights
9-unit apartment complex meticulously maintained and upgraded
100% leased
Interior renovations in every unit and common areas, with an investment of approximately $40,000
In the last 4 years there has been new windows, new siding, and a new roof as well!
Additional exterior enhancements
Strategically located just outside downtown Fargo, directly across from Sanford Hospital
Coin-operated laundry facilities on premises
RUBS (Ratio Utility Billing System) not yet implemented, offering potential for additional income
Rare investment opportunity due to limited availability of similar-sized multifamily properties in Fargo and Moorhead
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