2143 6th Ave W

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2143 6th Ave W

Dickinson, ND 58601
Asking Price
$3.50M
Asset Type
Apartment Building Hospitality
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The property is located at 2143 6th Ave W in Dickinson, ND.
  • This hospitality asset is configured as an apartment building structure.
  • The building previously operated as a senior living facility site.
  • The asking price for this North Dakota acquisition is $3,500,000.
  • The location is positioned within a growing regional energy market.

What's Special

Dickinson, North Dakota, serves as a significant economic hub within the energy-rich Bakken region, supporting a steady population base and consistent demand for local housing. The hospitality asset at 2143 6th Ave W consists of an apartment building that formerly operated as a senior living facility. Spanning this strategic location, the property provides a foundational structure suitable for investors looking to repurpose the existing layout for residential leasing or updated professional care environments. The site leverages its proximity to regional infrastructure and the broader North Dakota business landscape to offer a viable acquisition for portfolios focusing on multi-family or specialized residential conversions. Prospective buyers can assess the facility for its potential to transition into modern housing units or to serve ongoing communal needs within this expanding municipal market.

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NOI
$80,000
Cap Rate
2.29%
DSCR
0.38
Underwater
Cash-on-Cash
-12.17%
Monthly Payment
$17,316.09
Annual Cash Flow
$-127,793.084

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