3945 Highway 8, New Town, ND 58763
48 Unit Apartment Building | For Sale | New Town, ND 58763
- Property Type
-
Multifamily
- Square Feet
- 49,152 SF
Listing Contacts
Michael Elliott
Property Overview
INVESTMENT SALE: CALL FOR PRICING
Prairie Meadows Townhomes is a newly-constructed community featuring 48 spacious 2 bed/1 bath single-level units
Each unit is 1,024 +/- RSF and comes with an extra-wide detached garage
Some units are furnished
Property totals 49,152 +/- RSF and is situated on a 12.4 AC parcel
Unit features: Walk-in closet; Mudroom with double doors; Storage space; Full-size washer/dryer; Refrigerator; Microwave; Dishwasher; Range; Double kitchen sink; Utility closet
Community features: Garden; Dog walking trails; Extra parking; Security cameras
Parcel ID: 450008903
Built in 2015
Located in the heart of the Bakken just east of New Town, a short drive from Stanley and only one mile from Van Hook Recreational Park
With ever-increasing Bakken oil and gas production, area housing supply continues to decrease leading to forecasts of strong occupancy and upward-trending rental rates
Due to limited labor availability, higher material costs, and decreased access to construction financing. new multifamily supply is not coming to market in the near future
Prairie Meadows Townhomes is a newly-constructed community featuring 48 spacious 2 bed/1 bath single-level units
Each unit is 1,024 +/- RSF and comes with an extra-wide detached garage
Some units are furnished
Property totals 49,152 +/- RSF and is situated on a 12.4 AC parcel
Unit features: Walk-in closet; Mudroom with double doors; Storage space; Full-size washer/dryer; Refrigerator; Microwave; Dishwasher; Range; Double kitchen sink; Utility closet
Community features: Garden; Dog walking trails; Extra parking; Security cameras
Parcel ID: 450008903
Built in 2015
Located in the heart of the Bakken just east of New Town, a short drive from Stanley and only one mile from Van Hook Recreational Park
With ever-increasing Bakken oil and gas production, area housing supply continues to decrease leading to forecasts of strong occupancy and upward-trending rental rates
Due to limited labor availability, higher material costs, and decreased access to construction financing. new multifamily supply is not coming to market in the near future
Property Details
- Class
- B
- Year Built
- 2015
- Stories
- 1
- Lot Size (sq. ft)
- 540,144 SF
- Units
- 48
Highlights
- Newly-constructed community featuring 48 spacious 2 bed/1 bath single-level units
- Located in the heart of the Bakken just east of New Town, a short drive from Stanley and only one mile from Van Hook Recreational Park
- Due to limited labor availability, high material costs, and decreased access to construction financing. new multifamily supply is not coming to market
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