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Listed by Theda C Durham eXp Realty

$1,115,000

Est. payment - /mo

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8.98 Acres Lot

Pending

2046 125th AVE NW Watford City, ND 58854

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Jasmin Lewellyn

jasmin@jasminrealtynd.com +1(701) 206-0732

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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 4022673

Style Apartment Style

Year Built 2012

Annual Tax Amount $3,508

Lot Size 8.980 Acres

Acres 8.98

Lot Dimensions tbd

Property Sub-Type Multi Family

Property Description

**Investment Opportunity!!** Discover the potential of this remarkable 8.89-acre property, offering the perfect blend of peaceful seclusion and strategic accessibility. Located just 7.6 miles from the vibrant community of Watford City, North Dakota, this site is ideal for attracting both short-term and long-term tenants. The property includes two 3,944-square-foot buildings, each containing 39 studio-style units featuring combined living and sleeping areas with private bathrooms. An on-site office and laundry facility provide added convenience for occupants. Additional structures include an 896-square-foot pump house that services a private well and a 1,196-square-foot storage unit with a 14' x 12' overhead door, offering ample space for equipment or supplies. The property also includes a private septic field, with optional access to water treatment infrastructure. Significantly, the existing septic and well systems have been designed to allow for expansion, with the potential to support up to 40 additional units—an excellent opportunity for investors looking to scale operations. The property has also benefited from a number of recent upgrades, including new roofs, a new septic system, new doors and flooring, repaired siding, and road improvements, making it a low-maintenance and move-in-ready investment. Situated in close proximity to Watford City and the thriving Bakken Oilfield, this location ensures easy access to essential amenities and one of North Dakota's most active economic regions. Whether you're seeking steady rental income or long-term growth potential, this property offers a compelling opportunity in a rapidly developing area. Don't miss your chance to own a high-potential investment in a strategic location. Contact your preferred REALTOR® today to learn more or schedule a private tour.

Location

State ND

County Mckenzie

Area Watford City

Direction 7.6 miles south of Watford City center. Formerly Indian Hills Lodge.

Rooms

Other Rooms Barn(s), Utility Building

Basement None

Interior

Heating Electric

Cooling Wall/Window Unit(s)

Flooring Laminate

Inclusions Microwave, Refrigerator

Exterior

Parking Features Parking Lot, Garage Faces Front

Utilities Available Sewer Connected, Water Connected, Trash Pickup - Public, Cable Connected, Electricity Connected

Roof Type Metal

Private Pool No

Building

Lot Description Lot - Owned, Rectangular Lot

Story One

Sewer Private Sewer, Septic System, Septic Tank

Water Well

Architectural Style Apartment Style

Others

Tax ID 063-63-00-9475

Nearby Locations

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Jasmin Lewellyn

Agent | License ID: 10505

+1(701) 206-0732

2046 125th AVE NW Watford City, ND 58854

Jasmin Lewellyn

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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2046 125th AVE NW