This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Black Gold Cabins - Watford City, ND 12262 26th F St NW

31 Unit Mobile Home Park £1,461,518 (£47,146/Unit) 12.62% Net Initial Yield Watford City, ND 58854

Investment Highlights

  • The Area Has Recently Experienced Growth and Uptick in Construction
  • High Yield Property With a Local Barrier of Entry Due to Zoning Changes
  • McKenzie County Achieved the Highest Growth in Real GDP Among 50 States in the First Quarter of 2023
  • New Hospital and Schools Being Built in Town Showing Local Government's Confidence in Area Growth and Stability
  • McKenzie County is One of the Top Oil Producing Counties in the Country
  • Personal Income in County Has Increased at an Annualized Rate of 11%, Ranking Third in the Country

Executive Summary

Sands Investment Group is Pleased to Present Exclusively For Sale the Black Gold Cabins Located at 12262 26th F Street NW in Watford City, ND. This Deal Includes a High Yield Property Sitting on a 4.99 Acres of Land With a Local Manager in Place Allowing For a More Passive Investment.

In Cooperation With Sands Investment Group North Dakota, LLC - Lic. #3403 BoR: Andrew Ackerman - Lic. ND #11252

Property Facts

Price £1,461,518
Price Per Unit £47,146
Sale Type Investment
Net Initial Yield 12.62%
No. Units 31
Property Type Residential
Property Subtype
Manufactured Housing/Mobile Home
  • Apartment Buildings
Apartment Style Garden
Building Class C
Lot Size 4.99 AC
Building Size 15,500 SF
Number of Floors 1
Year Built 2000

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
1+1 31 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
20-00-15800
Land Assessment
£129,364
Improvements Assessment
£800,304
Total Assessment
£929,668
  • Listing ID: 32384726

  • Date on Market: 09/07/2024

  • Last Updated:

  • Address: 12262 26th F St NW, Watford City, ND 58854

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}