Fargo 18 Unit Apartment
Market Price
1510 E Gateway Cir S, Fargo, ND 58103
16,704 sqft
Building Size
0.785 acres
Lot Area
Details:
Highlights:
- 16,704 SF building
- 18 units
- Built in 1975
- Renovated in 2024
- Zoned MR-3
- Located in the Fargo area
Description:
This well-maintained 18-unit multifamily property includes 12 two-bedroom apartments and six one-bedroom apartments. The property features common-area laundry and has benefited from approximately $300,000 in improvements completed over the past three years. The manageable unit count makes this an excellent opportunity for an investor to self-manage the property, increase rents over time, and potentially convert select units to midterm rentals for additional income.
Strategically located in south Fargo with convenient access to Interstate 29, 25th Street, and 13th Avenue South, providing efficient connections throughout the Fargo metropolitan area. The surrounding area offers a mix of residential and commercial uses, with established single-family homes located directly across the street. This accessible location provides strong visibility, convenient transportation routes, and close proximity to major retail, service, and employment areas.
Documents:
| Title | ||
|---|---|---|
| Offering_Memorandum.pdf |
Location
Gallery
