$5,900,000

104 Prospect Street SE
Watford City, ND 58854
MLS# 25-917

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Property Description
Mixed use property in Watford City with 55 furnished apartments and 7 retail suites. 100% occupied and offered at an attractive 10.23% cap rate. Built in 2016 with in suite washers and dryers, elevator, outdoor car ports, quality finishes, security features, and a full sprinkler system. Apartments are a mix of efficiency, 1 bedroom, and 2-bedroom units.

Details

Documents

Contract Information

Current Price: $5,900,000

Property Name: Watford City Mixed Use

Begin Date: 2025-12-01

Auction YN: No

Price: 5900000

Owner/Agent: No

Location

Address #: 104

Street Name: Prospect

Street Suffix: Street

Street Direction Sfx: SE

County: McKenzie

State/Province: ND

Postal Code: 58854

General Tax Legal

Parcel No.: 822303200, 822301200, 822301300, and 822301400

Year Built: 2016

Lot Size (SF): 158123

Lot Acres: 3.63

Status Change Info

Status: Active

Property Features

Type: Investment Property; Multi-Family

Listing Office: Horizon Real Estate Group

Office Email: David@horizonfargo.com

Last Updated: December - 01 - 2025

104 Prospect Street SE, Watford City, ND 58854 - MLS# 25-917

Information deemed reliable but not guaranteed.

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About

Founded in 2006, Kilbourne Group has a deep passion for urban spaces and an experienced understanding of how design and amenities can respond to today’s demand for walkable, mixed-use, urban cores in communities.

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