- For Sale Contact for pricing
- Property Type Multi-Family
- Property Size 6,831 SF
- Units 13
- Lot Size 0.5 Acre
- Year Built 1974
- Year Renovated 2014
- Date Updated Mar 19, 2025
Online Auction – Immediate Income Stream! 13-Unit MF Apartment Campus
13-Unit Multi-Family Apartment – Bakken Oil Field Area – Partnership Sale
Cash Flow, Cash Flow & More Cash Flow! Great multi-family property near Bakken Oil Patch in Parshall, North Dakota. The property has onsite management and maintenance. Building One was built in 1974 and completely renovated in 2014. Building Two was constructed in 2014 with energy efficiency and the most modern construction systems available. Out of State ownership desires immediate liquidation!
The Property/Maintenance Manager currently occupies Unit #104 in lieu of paying monthly rent. (7) units are currently leased, (3) Units are vacant and ready for lease and (2) units need to be turned (Seller estimates about $8,000/Unit). All units are individually metered. Gross Rent Potential is $10,150/Month or $121,800/Year. The property is clean, expertly constructed, well maintained and a great investment for local or absentee ownership. Family Partnership Requires Immediate Liquidation, Buy at Your Price the Auction Way!
Property Address: 11 5th Avenue NW, Parshall, ND 58772
Online bidding ends April 24th at 1:00 pm ET
Inspection : April 17th at 12:00pm MT
Auction Summary of Terms of Sale: Terms: All Auctions subject to sale prior to auction date without notice, 10% Buyer’s Premium added to the high bid to create the selling price, Buyer Agents/Brokers Protected - 2% Buyer Broker Fee paid at closing. Taxes Prorated, All properties sold in As-Is, Where-Is Condition, non-contingent purchase contract, Clear Title Guaranteed & other terms apply. Contact Tranzon for full Property Information Package or download at www.tranzon.com or call 713-816-1123 with inquiries.
Reach out to the broker for more info on lease terms and amenities
False
Contacts
Location
Getting Around
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Walk Score ®
25/100
Car-Dependent
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Bike Score ®
31/100
Somewhat Bikeable
- City Parshall, ND
- Zip Code 58770
Points of Interest
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North Shore-Plaza Public School
9.15 miles
Frequently Asked Questions
The sale price for 11 5th Ave NW is available upon request. Contact the listing broker for more information.
11 5th Ave NW totals 6,831 square feet.
11 5th Ave NW was built in 1974.
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Tranzon, LLC