Watford Studios on 8.98 Acres

Highlights:

• 39 Studio Style Apartments with Living/Sleeping Area and Individual Bathroom
• 18 Units Include Full Size Refrigerator
• 21 Units Efficiency Style with Built-In Shelving, Mini Fridge, and Microwave
• All units include wall mounted TV and Dish Network is provided.
• Private Well and Private Septic
• Ample parking spaces
• Quiet Location on 8.96 Acres
• On-Site Amenities: Office, laundry facility, 896 SF pump house (private well), and 1,196 SF storage unit w/ 14’ x 12’ door
• Expansion Potential: Septic and well systems designed to support up to 40 additional units
• Following updates and repairs: New Roof, New Septic, New Doors and Flooring, Repaired Siding, Road Repair

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.

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

Documents: