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.