Property History
Liberty Lights is situated prominently in Wahpeton, just steps from NDSCS. The Property benefits from a complementary unit mix, on site maintenance building, and ample common area grounds. Historical occupancy trends showcase robust demand for the asset's features and location.
Originally built into a low-income program, the Property is now fully market-rate and fully leased. Concrete construction, along with recently improved roofs, fresh paint, and ongoing CapEx resemble true pride-of-ownership. The lack of deferred maintenance translates into higher cash-flow from day 1 with added upside of a fully-leased asset.
Robust occupancy history demonstrates local tenant demand for in-fill housing units adjacent to NDSCS and lifestyle amenities.
100% Occupied
9%+ Day 1 Cap Rate
Electric billed back through RUBS, ability to add billbacks for S/W/G
Large site, ample common ground with playground
Well maintained - CapEx list available
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Property Details
Contacts
Map
Comparable Properties
Rental Market Overview
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