Dakota Acres Phase II Multi-Family FOR SALE


New Town, ND
$16,500,000 USD
415-789-5530
, New Town, ND for Sale
$16,500,000 USD
Multi-Family - FOR SALE
1/3
null | 9.5% Cap Rate

Dakota Acres Phase II
New Town, ND


HIGHLIGHTS

  • New construction in New Town
  • Perfect for 1031 Exchange

OVERVIEW

96 units, five-plex located in New Town at the center of Bakken oil plan. NOI $2,868,264; 9.5% cap rate sales; sale price $28,700,000 closing anytime. Expect 75 % credit tenants; seller lease back for 1 year at 100%. New Apartments in New Town, North Dakota, fully leased by seller, perfect 1031 exchange property. *all figures are projected; please contact listing brokerage for details.

ASK ABOUT THIS PROPERTY

Gary PinkstonMP Financial Group, Ltd (RB-16590),CA Lic#01026916More Info
415-789-5530

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Gary PinkstonMP Financial Group, Ltd (RB-16590),CA Lic#01026916More Info
415-789-5530

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.