210 11th Avenue NE, Watford City, ND 58854

FEATURES

  • SOLD
  • Receivership sale:  42-unit multifamily community
  • Close to 60% of property comprised of two bedroom units
  • Newer construction with little to not deferred maintenance
  • All residence provide in-unit washer/dryer and are individually metered
  • Abundant garage and surface parking at ration of 2:14
  • McKenzie County accounts for more than 30% of all North Dakota oil production
  • Substantial gains in rental rates possible as oil production continues upward trends in the Bakken region
  • New Watford City development includes:  $56M community event center; $55M McKenzie County healthcare facility, $50M Watford City high school and $3.5M airport expansion
  • Asset being sold with no set asking price