Contacts
Mike Elliott
ERES
(701) 713-6606
Property Details
- Property Type Multi-Family
- Property Size 49,152 SF
- Units 48
- Lot Size 12.4 Acre
- Date Updated Mar 8, 2024
Located in the heart of the Bakken just east of New Town and a short drive from Stanely.Newly Constructed Townhome Community
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Highlights
- Prairie Meadows Townhomes is a newly-constructed community featuring 48 spacious 2 bed/1 bath single-level units
- Each unit is 1,024 +/- RSF and comes with an extra-wide detached garage
- Some units are furnished
- Property totals 49,152 +/- RSF and is situated on a 12.4 AC parcel
- Unit features: Walk-in closet; Mudroom with double doors; Storage space; Full-size washer/dryer; Refrigerator; Microwave; Dishwasher; Range; Double kitchen sink; Utility closet
- Community features: Garden; Dog walking trails; Extra parking; Security cameras
- Parcel ID: 450008903
- Built in 2015
- Located in the heart of the Bakken just east of New Town, a short drive from Stanley and only one mile from Van Hook Recreational Park
- With ever-increasing Bakken oil and gas production, area housing supply continues to decrease leading to forecasts of strong occupancy and upward-trending rental rates
- Due to limited labor availability, higher material costs, and decreased access to construction financing. new multifamily supply is not coming to market in the near future
Attachments
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Location
- City New Town, ND
- Zip Code 58763
In-Depth Research Available for this Property
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Contact Listing Broker
Mike Elliott
ERES
(701) 713-6606