Log In/Sign Up
Your email has been sent.
4325 9th Avenue Cir S
Fargo, ND 58103
DOCK 9 APARTMENTS · Multifamily Property For Sale
·
36 Units
Executive Summary
Located in the heart of Fargo, ND near retail corridors of 13th Ave and 45th St, this 36-unit apartment complex presents a unique opportunity for investors looking to start or expand their real estate holdings.
Built in 1990 and 1991, this property includes 2 buildings built on 1.53 acres. The buildings feature a nice blend of unit types ranging from 1-3 bedrooms. This property has experienced steady low vacancy and income stream with value-add opportunities.
Built in 1990 and 1991, this property includes 2 buildings built on 1.53 acres. The buildings feature a nice blend of unit types ranging from 1-3 bedrooms. This property has experienced steady low vacancy and income stream with value-add opportunities.
Property Facts
| Price Per Unit | $122,977 CAD | Lot Size | 1.53 AC |
| Sale Type | Investment | Building Size | 40,000 SF |
| Cap Rate | 7% | Average Occupancy | 94% |
| No. Units | 36 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1993 |
| Property Subtype | Apartment | Parking Ratio | 0.9/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | B | ||
| Zoning | MR-3 | ||
| Price Per Unit | $122,977 CAD |
| Sale Type | Investment |
| Cap Rate | 7% |
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 1.53 AC |
| Building Size | 40,000 SF |
| Average Occupancy | 94% |
| No. Stories | 3 |
| Year Built | 1993 |
| Parking Ratio | 0.9/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | MR-3 |
Amenities
Site Amenities
- Controlled Access
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | 750 |
| 2+1 | 11 | - | 900 |
| 2+2 | 12 | - | 1,000 |
| 3+2 | 12 | - | 1,250 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,627,745 CAD | |
| Land Assessment | $161,868 CAD | Total Assessment | $1,789,613 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$161,868 CAD
Improvements Assessment
$1,627,745 CAD
Total Assessment
$1,789,613 CAD
1 of 19
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
