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Pheasant Run Apartments 2910-3002 17th Ave W

48 Unit Apartment Building $2,250,000 ($46,875/Unit) Williston, ND 58801

Investment Highlights

  • Occupancy has increased by an incredible 15% in the past 12-months
  • Smoke free; Well-maintained; Onsite leasing office
  • Well-located in the center of Bakken oil and gas activity; An area with high housing demand

Executive Summary

Property has increased occupancy by over 15% in the past month. Property is a prime investment opportunity.

Data Room Click Here to Access

Property Facts

Price $2,250,000
Price Per Unit $46,875
Sale Type Investment
No. Units 48
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 1.90 AC
Building Size 35,700 SF
No. Stories 3
Year Built 1981

Site Amenities

  • 24 Hour Access
  • Laundry Facilities
  • Picnic Area
  • Smoke Free
  • Storage Space
  • Car Charging Station

About 2910-3002 17th Ave W , Williston, ND 58801

PHEASANT RUN APARTMENTS INVESTMENT SALE Investment has been steadily improving over the past 12-months, increasing occupancy by over 15% Two, three-story garden level apartment buildings on 1.9 AC 24 units in each building | 48 units total: Studio/One bath | Three units One bed/One bath | Nine units Two bed/One bath | 36 units Community features: Laundry facilities; Off-street parking with plug-ins; Garages available; Picnic area; Bike racks; Lighted parking lots; Postal mail drops; Handicap accessible; Onsite leasing office; Smoke free Unit features: Range; Refrigerator; Air conditioner; Electric heat; Storage closets; Fully carpeted Located three miles northeast of downtown Williston in close proximity to area schools, amenities, highways and the forthcoming Sloulin Field Redevelopment project Williston, ND Is considered the main Bakken oil and gas production hub, a market experiencing high housing demand

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 3 - -
1+1 9 - -
2+1 36 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-572-00-62-57-000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$49,530

zoning

Zoning Code R-4
R-4
  • Listing ID: 11370613

  • Date on Market: 1/25/2018

  • Last Updated:

  • Address: 2910-3002 17th Ave W, Williston, ND 58801

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