Jamestown, ND 58401

$1,950,000

Property Type: Commercial Status: Closed

Current Price: $1,950,000 List Date: 11/15/2024 Last Modified: 10/01/2025

Overview

Description

Introducing Parkview Apartments, a prime investment opportunity in the thriving Jamestown area. This 36-unit portfolio historically boasts nearly 100% occupancy and low-rise garden-style living that perfectly complements the picturesque surroundings. With a focus on multifamily living, the property offers an ideal blend of comfort and convenience, featuring spacious units and modern amenities. Investors will appreciate the potential for stable returns in this well-maintained and highly sought-after asset. Don't miss out on the chance to own this 7 building portfolio in a prime location, offering a fantastic opportunity for long-term success in the dynamic Jamestown real estate market.

Listing Details MLS# 6631108

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: Yes
Year Built: 1978
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Foundation Size: Yes
For Sale or Lease: For Sale
Lot Dimensions: Yes

Property Features

Accessible: None CMU Style: Apartments/Multi Family Construction Status: Previously Owned Current Use: Residential Exterior: Fiber Board Financing Terms: Cash Fuel: Natural Gas Heating: Hot Water On Site Utilities: Electric Separate Parking Characteristics: Parking Lot Rental License Type: Standard Sewer: City Sewer/Connected Showing Requirements: Call Listing Agent Water: City Water/Connected

Contract Information

Digitally Altered Photos: No
Off Market Date: 2025-01-23
Closed Date: 2025-01-22
Sales Close Price: 1950000
Contingency: None
ListPrice: 2100000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

Postal City: Jamestown
County: Stutsman
State: ND
Zip Code: 58401
Complex/Dev/Subdivision: Klaus & Hagers Park Add

Assessments

Assessment Installment: Yes
Drain Assessment: Yes
Tax With Assessments: 2814

Building Information

Building Finished SqFt: Yes

More Information

Income and Expenses

Annual Caretaker Expense: Yes
Annual Electric Expense: Yes
Annual Fuel Expense: Yes
Annual Gross Expenses: Yes
Annual Gross Income: Yes
Annual Insurance Expense: Yes
Annual Maintenance Expense: Yes
Annual Net Income: Yes
Annual Repair Expense: Yes
Annual Trash Expense: Yes
Annual Water/Sewer Expense: Yes
Total Annual Expenses: Yes

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Sale Options

Sale Includes: Building

Unit Details

Total Units: 36

Listing Office: KW Inspire Realty Keller Williams

Last Updated: October - 01 - 2025

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.

, Jamestown, ND 58401 (MLS# 6631108)