This offering represents a rare opportunity to acquire a newly constructed multifamily portfolio totaling 146 residential units in emerging SW Fargo. The portfolio consists of modern, high-quality townhomes designed to meet the growing demand for a popular asset class in one of the Midwest’s most stable and affordable rental markets.

With a combination of new construction product, strong renter demographics, and simple operations, the portfolio is well-positioned to deliver durable cash flow and long-term appreciation.

The Fargo multifamily market is characterized by strong, persistent demand against a chronically undersupplied pipeline. Average rents have increased approximately 8% annually over the past three years, while vacancy rates have remained below 4% — well below the national average. New residential permits average roughly 1,200 units annually, compared to an estimated structural demand of 1,800 units, creating a gap of approximately 600 units per year. This supply-demand imbalance is expected to sustain rent growth and occupancy rates well above national benchmarks for the foreseeable future.