1022 W Villard Street, Dickinson, ND 58601 (MLS# 7057903)

1022 W Villard Street, Dickinson, ND 58601

$5,000,000
Property Type: Commercial Square Footage: 45,008 Lot Size (sq. ft.): 22,216 Status: Pending
Current Price: $5,000,000 List Date: 5/03/2026 Last Modified: 8/28/2026

Overview

Description

Villard Commons presents a rare opportunity to acquire a stabilized, professionally managed 47-unit apartment community in the heart of Dickinson, North Dakota—one of Western North Dakota’s most consistent rental markets. Strategically positioned just minutes from Dickinson State University and major retail corridors, this asset benefits from strong, reliable tenant demand driven by students, workforce housing needs, and regional economic activity. The property features a desirable unit mix of one-, two-, and three-bedroom layouts designed to accommodate a broad tenant base. Units are well-equipped with modern conveniences including dishwashers, updated appliance packages, and in-unit laundry or hookups, while the building itself offers secure access, elevator service, and 24/7 maintenance support—creating an attractive, low-friction living experience for residents. Current rents are positioned competitively within the Dickinson market, offering immediate cash flow with clear ...

Listing Details MLS# 7057903

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront YN
No
Year Built
2012
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
45008
For Sale or Lease
For Sale
Acres
0.51
Lot Dimensions
145x141x155x150
Assessment Pending
Unknown

Property Features

Accessible: None CMU Style: Apartments/Multi Family Construction Status: Previously Owned Current Use: Commercial Exterior: Other Foundation: Concrete Block Fuel: Electric Heating: Baseboard Loan Terms: Cash; Conventional; Other Lock Box Type: None On Site Utilities: Electric Common; Heating Common Rental License Type: Other Roof: Asphalt Shingles Sewer: City Sewer/Connected Stories: Three Or More Water: City Water/Connected

Contract Information

Off Market Date
2026-07-27
Contingency
None
ListPrice
5000000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
1022
Street Direction Prefix
W
Street Name
Villard
Street Suffix
Street
Postal City
Dickinson
County
Stark
State
ND
Zip Code
58601
Complex/Dev/Subdivision
Youngs 5th

Assessments

Tax With Assessments
44420

Building Information

Building Finished SqFt
45008
Building SqFt
45008

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Sale Options

Sale Includes
Building

Unit 1

No. of 1 Bedroom Units
9

Unit 2

No. of 2 Bedroom Units
10

Unit 3

No. of 3 Bedroom Units
20

Unit Details

Total Units
47

Unit Information

No. of Efficiency Units
4
IDX
Listing Office: RE/MAX Legacy Realty
Last Updated: August - 28 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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