Turn Key Investment Opportunity

Watford City, North Dakota

Things have started to pick back up in Western North Dakota, and prices are starting to move back up after a few years of consolidation. This is an amazing opportunity to acquire income producing investment properties at rock bottom with limited risk or work. 

We are offering two beautiful fully occupied twin homes for sale. These “side by side” homes are individually deeded dwellings that have long-term tenants in place. Make no mistake, these are individual homes with yards and decks—not apartments or duplex units. Single family inventory in the areas is still tight. Newer homes are becoming in high demand. 

Investors have a once in a lifetime opportunity to acquire quality income-generating properties at a deep discount to the builders cost while receiving positive cash flow each month. The properties were constructed in 2013 and have been fully occupied since that time. 

The properties conform to FANNIE and FREDDIE residential lending programs and should have solid cash flow using conforming financing programs at historically low rates. Lock in low long term interest rates now as rents go back up. 

Seller acquired a larger portfolio of twin homes directly from the builder during the construction and is the only owner of the properties. During that period, even during the slowdown, the properties maintained 100% occupancy and have been a very profitable investment over the years. The owner recently started to divest a few units each year to diversify his portfolio. The seller is willing to provide an income guarantee to any buyer for a period of one year if current management company is retained. 

You may also inquire about similar twin home investment properties also available for purchase in Minot, North Dakota. Contact Dave Keller for more information by phone, email, or by clicking the "Get Price Now" button at the top of this page.

CURRENT PRICE

8% - 14% Investment Return

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FEATURES

Vaulted Ceilings

Master Bath

Walk-in Master Closet

Insulated and Sheetrocked 2 Stall Garage

Stainless Steel Appliances

Maple Cabinetry



TWINHOME PROPERY INFO

Bedrooms 3

Bathrooms 3

Building Size 1840 sq. ft. 

Year Built 2013

Listing Status FSBO

LOT INFORMATION

Listing Type Investment

Cooling Central

Heating GFA

Garage 2 Stall Attached

Lot Size Info Available Upon Request

CONSTRUCTION

Exterior Material Vinyl Siding

Roof type Asphalt Shingle

Style 3 level

Flooring Carpet, Vinyl

Deck 10 x 10 Green Treated

Pifer's Real Estate

Meet the Agent

Dave Keller is a Pifer's Auction & Realty's Commercial Real Estate Realtor specializing in large commercial buildings and development land. Contact Dave today for all of your commercial real estate needs!

P: 701-261-8804 E: dkeller@pifers.com W: www.pifers.com

Find out more by contacting the agent

Do you want more information about this investment opportunity? Click the button below and receive a PDF with high level financials, original sale documents, and investment information or to schedule a private viewing.

Get information now about these side-by-side Watford City Twinhomes! Don't wait—this turn key investment opportunity won't last long!


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