Timber Trails
Multifamily | 116 Units
Marketing description
MMG Real Estate Advisors is pleased to present the exclusive opportunity to acquire Timber Trails Apartments, a premier 116-unit residential community located in the heart of Williston, North Dakota. Completed in 2012, this asset represents a rare "high-yield, low-basis" play, offering investors the ability to acquire modern, high-quality construction at a significant discount to current replacement costs.
The property delivers immediate, robust cash flow underpinned by a diverse quality unit mix and proximity to the region's primary economic drivers. With a strategic location providing seamless access to major highways and dominant retail corridors, Timber Trails is perfectly situated to capture the sustained demand for quality housing in one of the nation's most vital energy hubs.
Investment highlights
- Exceptionally Attractive Going-In Basis & Cash Flow
- High-Quality Construction with Diverse Unit Mix
- Significant Capital Improvements | $830K+ Invested
- Long-Term Owner-Operator (14+ Years)
- Muted Supply Driving Market Rent Growth
- Prime & Strategic Location with Strong Connectivity
- Offered Free & Clear of Existing Debt
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