Fiddler's Flats Apartments
Fargo Multifamily | 28 Units | Fiddler's Flats
Marketing description
Rare opportunity to acquire a 28-unit multifamily complex in a highly desirable downtown
location. All units are designed as efficiency apartments, offering simple layouts and cost effective
living that appeals to students, young professionals, and downtown workers.
The property benefits from a strong utility structure with tenants responsible for both heat
and electricity, allowing for predictable operating expenses and stable net income. Only a
half block from North Dakota State University’s Barry Hall, home to the College of Business
provides a built-in tenant base and consistent rental demand.
With its location in the heart of downtown Fargo, residents enjoy walkable access to
restaurants, retail, and civic amenities. Zoned Downtown Mixed-Use (DMU), the property also offers long-term flexibility for future redevelopment, further enhancing its investment appeal.
The property offers multiple investment strategies: maintain it as a traditional rental
complex with reliable long-term occupancy, or convert a portion of the units to short-term
rentals to capture premium rental income from visiting faculty, business travelers, and
guests seeking downtown access. This dual-strategy potential provides both stability and
upside, making Fiddler's Flats a compelling investment for a variety of ownership approaches.
Find more information at www.FargoCommercialRealtor.com
Investment highlights
Rare opportunity to acquire a 28-unit multifamily complex in a highly desirable downtown
location. All units are designed as efficiency apartments, offering simple layouts and cost effective
living that appeals to students, young professionals, and downtown workers.
The property benefits from a strong utility structure with tenants responsible for both heat
and electricity, allowing for predictable operating expenses and stable net income. Only a
half block from North Dakota State University’s Barry Hall, home to the College of Business
provides a built-in tenant base and consistent rental demand.
With its location in the heart of downtown Fargo, residents enjoy walkable access to
restaurants, retail, and civic amenities. Zoned Downtown Mixed-Use (DMU), the property also offers long-term flexibility for future redevelopment, further enhancing its investment appeal.
The property offers multiple investment strategies: maintain it as a traditional rental
complex with reliable long-term occupancy, or convert a portion of the units to short-term
rentals to capture premium rental income from visiting faculty, business travelers, and
guests seeking downtown access. This dual-strategy potential provides both stability and
upside, making Fiddler's Flats a compelling investment for a variety of ownership approaches.
Find more information at www.FargoCommercialRealtor.com
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