Investment Opportunity: Three Cash-Flowing Apartment Complexes in a High-Demand Energy Hub.
This 4-unit apartment complex is being sold as a package with 217 Lakota Ave and 117 3rd St for a total of 12 units in Center, ND. All three properties are located next to each other, offering a unique advantage for streamlined management and maintenance.
Each building has 3-2 bedroom/1 bath units and 1-1 bed/1 bath unit per building.
All buildings/units have been remodeled to look similar. Photos are of the vacant units.
Exterior updates include: all new windows, siding, exterior doors, gutters, soffit, facia, roofs, and new a/c units per apartment.
Wiring is being worked on for a camera system.
There are 2 storage units outside with new vinyl and the parking lot was recently repaired with new asphalt.
Other updates: new electrical circuit breaker panels, outlets and switches, LED lights.
New dual electric water heaters, electric heating heaters, new A/C units.
Interior updates: fresh paint, new flooring, baseboards, casings, doors, kitchen cabinets, appliances, vanities, toilets.
In 218 building: new bathtubs and water lines
For sale
$350,000
218 Lakota Ave N, Center, ND 58530
7beds
9,800sqft
Est.:
Quadruplex, Apartment Style
Built in 1970
-- sqft lot
$330,600 Zestimate®
$36/sqft
$-- HOA
What's special
Storage unitsFresh paintExterior doorsNew windowsKitchen cabinetsNew flooringNew bathtubs
- 89 days
- on Zillow |
- 70 |
- 8 |
Zillow last checked: 7 hours ago
Listing updated: March 19, 2025 at 09:18am
Listed by:
Julianne L Horntvedt 701-371-8002,
Paramount Real Estate 701-226-4487
Source: Great North MLS,MLS#: 4017583
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Bathroom 1
- Level: Upper
Bathroom 2
- Level: Upper
Bathroom 3
- Level: Lower
Bathroom 4
- Level: Lower
Heating
- Electric
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Dishwasher, Dryer, Electric Range, Oven, Refrigerator, Washer
Features
- None
- Flooring: Laminate
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 9,800
- Total interior livable area: 9,800 sqft
- Finished area above ground: 4,900
- Finished area below ground: 4,900
Property
Parking
- Parking features: Parking Lot, Off Street, Additional Parking
Features
- Levels: Two
- Stories: 2
- Exterior features: None
Lot
- Size: 0.29 Acres
- Dimensions: 90 x 140
- Features: Rectangular Lot
Details
- Parcel number: 25310000
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Apartment
- Property subtype: Quadruplex, Apartment Style
- Attached to another structure: Yes
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1970
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Center
Financial & listing details
- Price per square foot: $36/sqft
- Annual tax amount: $654
- Date on market: 1/26/2025
- Listing terms: 1031 Exchange,Conventional
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