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1709 & 1781 35th StreetSouth Fargo, ND 58103
The Nest 1 & 2
Asset ClassMultifamily
overview of deal

Overview

We are pleased to present the Nest 1 & 2, a 132-unit multifamily property in the thriving Fargo-Moorhead metropolitan area. The two-building portfolio is situated throughout the Fargo/West Fargo/Moorhead MSA. Fargo is the largest city in North Dakota and shares a border along the Red River with Moorhead MN. The units are conveniently located and close to major employers like North Dakota State University and Sanford Health.

 

The Nest 1 & 2, features 132 well-designed units, offering a variety of options to suit different needs, including 54 onebedroom, 60 two-bedroom, and 18 three-bedroom floorplans. With consistent demand for well-located, high-quality rental housing, The Nest 1 & 2 offers investors the opportunity to participate in an appreciating asset class backed by resilient cash flow and long-term rent growth potential. As the Fargo-Moorhead area continues to expand, this portfolio is well-positioned to deliver compelling returns.

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Investment Highlights

Location & Walkability:

  • Close proximity to schools, shopping, and interstate access offers value via convenience

 

High Occupancy:

  • At 98% occupancy this indicates strong tenant demand and stable cash flow for investors

 

Favorable Unit Mix:

  • A mix of one-, two-, and three- bedroom units attract a diverse tenant base and enhances leasing flexibility

Table Information

NEST 1 & 2
Property Address
1709 & 1781 35th St, South Fargo, North Dakota, 58103
Building Area
80,000 SF
Units
132
Avg Unit Size
1,033 SF
Lot Area
1.53 Acres
Parking
Surface Parking and Garage Parking
Year of Construction
2017
Occupancy
98%
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1709 & 1781 35th StreetSouth Fargo, ND 58103

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