Cobblestone Apartments

Cobblestone Apartments

Minot, ND
Available
  • Property Type: Apartments
  • Year Built : 2012
  • Property Size: 92,208 SF / 76 Units

Overview

Capstone Companies is pleased to offer the Cobblestone Apartments in beautiful Minot, ND. The Buyer will have the ability to own 76, 2 bedroom units, spread out over 3 apartment buildings. Each unit ranges from 900-1000 SF with 2 bedrooms, 1 bathroom, in unit washer and dryer, and a parking garage stall.

The Buyer has the opportunity to enjoy strong in-place cash flows with room to further raise rents.

This property is located in a thriving Midwestern town of 50,000 people that is home to the essential Minot Air Force Base and on the edge of the Bakken Oil Fields. A diverse and stable economy coinciding with rising oil prices will make this property a special investment opportunity.

Investment Highlights

  • Energy rich region.
  • Units include balconies and washer/dryers.
  • Close proximity to Minot State University and Minot Air Force Base.
  • Garages available for tenants.

Contact Information

Kevin Phelan Senior Advisor P: 917.679.8723
O: 800.746.3175 ext. 762
kphelan@capstone-companies.com
Adam Riddle Partner P: 303.257.7627
O: 800.746.3175 ext 750
ariddle@capstone-companies.com
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