612-669-2068
2415-2501 24th Ave, Williston, ND for Sale
Apartments - FOR SALE
1/23
null | Request Cap Rate

2415-2501 24th Ave
Williston, ND 58801


HIGHLIGHTS

  • Exceptionally Attractive Going-In Basis and 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 and Strategic Location with Strong Connectivity

OVERVIEW

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.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

116

CAP RATE

Request Cap Rate

% LEASED

87%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Timber Trails

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2012

PARKING SPACES

180

LAND DETAILS

LAND ACRES

6.13 AC

LAND SF

267,023 SF

ZONING

-

APN/PARCEL ID

01-662-00-38-15-000

ASK ABOUT THIS PROPERTY

Kim HoffMMGMore Info
612-669-2068

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Kim HoffMMGMore Info
612-669-2068

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