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33404322

400 East Broadway Avenue, Bismarck, ND 58501

CV
ND ND 10327
Capital Real Estate Partners
Listed by Capital Real Estate Partners
$3,000,000
3 days on market
Updated 2 days ago
Opportunity zone

ND Multi-Family Portfolio For Sale - Confidential

Details
Property Type Multifamily, Office
Sub Type Apartment Building
Square Footage 19,745
Units 1
Acreage 4.600

**Address Listed on Crexi is Listing Brokerage Office Address - Not Portfolio Address's**

Marketing description

Confidential Offering — Stabilized Multifamily Portfolio | North Dakota

A rare opportunity to acquire a stabilized, cash-flowing 70-unit multifamily portfolio spanning three properties across two stable, complementary North Dakota markets. Owner-operated with continued growth since 2018, the portfolio is offered as a turnkey investment with all major capital improvements complete.

The assets have historically maintained consistently high occupancy, supported by long-standing relationships with local employers and housing referral organizations that drive steady, repeat tenant demand. Income has remained durable year over year, with additional near-term upside available through active rent management now underway across the portfolio.

With all significant capital events behind it — including full fire-sprinkler systems and recent roofing — the portfolio requires no major near-term capital and offers a new owner immediate, durable cash flow. Flexible acquisition structures are available, with the opportunity offered as the full three-property portfolio or as a smaller sub-package.

This is a confidential listing. Specific property addresses, ownership information, unit-level detail, pricing, and complete financial statements will be disclosed only upon execution of a confidentiality agreement. Complete CA in Crexi or Please contact the listing broker directly to request the CA.

**Controlling Member is a Licensed Real Estate Agent in North Dakota**

Chris Volk — Capital Real Estate Partners · Cell: (701) 880-0522 · [email protected]

Investment highlights

Investment Highlights - Confidential Listing

  • 70-unit stabilized, cash-flowing multifamily portfolio across three properties in two complementary North Dakota markets
  • Durable in-place income with an attractive going-in yield relative to the asking price (detail provided under confidentiality agreement)
  • Consistently high historical occupancy
  • Turnkey / capex complete — all major capital improvements finished, including full fire-sprinkler systems and recent roofing; no near-term major capital anticipated
  • Value-add upside through active rent management currently underway across the portfolio
  • Established demand pipeline — multi-year relationships with local employers and housing referral organizations drive consistent, repeat tenant flow
  • Cross-property demand engine — overflow from any one property is routed to the others, supporting portfolio-wide occupancy
  • Flexible acquisition structures — available as the full three-property portfolio or as a smaller sub-package
  • Owner-operated with continued growth since 2018

Listing Contacts

CV
ND ND 10327
Capital Real Estate Partners
Listed by Capital Real Estate Partners

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Additional Information

Name
Chris Volk
License
ND 10327
Brokerage
Capital Real Estate Partners
Brokerage Phone
7015777747
Title
Commercial REALTOR©
Brokerage Address
400 East Broadway Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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