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    For Sale

    Custer Crossing Apartments

    1541-1763 Carroll Street
    Dickinson, North Dakota 58601
    For Sale

    Custer Crossing Apartments

    1541-1763 Carroll Street
    Dickinson, North Dakota 58601

    - Property Information

    eCODE 024
    County: Stark
    Property Type: Investment Sale, Multi-Family
    # Units: 108
    Occupancy Rate: 70%
    Sale Price: TBD by the Market
    Distressed: Yes

    - Property Details

    Multi-Family Type: Garden Style
    Occupancy Type: Multi Tenant
    Year Built: 2013
    # Acres: 6.79
    Zoning: R-3, High Density Residential
    Parcel ID: 41-1631-0500-1100; -1300; -1500
    Parking Type: Surface, Garage
    # Spaces: 357
    Parking Ratio: 2.30
    Completion Status: Existing

    - Additional Information

    • Receivership Sale:  108-unit multi-family community
    • Close to 70% of the property comprised of 2-bedroom units
    • Newer construction with little to no deferred maintenance
    • All residences include in-unit washer/dryer and are individually metered
    • Abundant garage and surface parking at a ratio of 2.30 spaces per 1,000 RSF
    • Located less than a mile north of I-94
    • Primary retail corridor less than 5 miles; anchored by Prairie Hills Mall and Walmart Supercenter
    • Substantial gains in rental rates possible as oil production continues upward trends in the Bakken region
    • Property is being sold in partnership with Energy Real Estate Solutions
    • Asset being sold with No Set Asking price

    - For more information, contact:

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