3945 Highway 8
New Town, ND 58763

INVESTMENT SALE: CALL FOR PRICING
Prairie Meadows Townhomes is a newly-constructed community featuring 48 spacious 2 bed/1 bath single-level units
Each unit is 1,024 +/- RSF and comes with an extra-wide detached garage
Some units are furnished
Property totals 49,152 +/- RSF and is situated on a 12.4 AC parcel
Unit features: Walk-in closet; Mudroom with double doors; Storage space; Full-size washer/dryer; Refrigerator; Microwave; Dishwasher; Range; Double kitchen sink; Utility closet
Community features: Garden; Dog walking trails; Extra parking; Security cameras
Parcel ID: 450008903
Built in 2015
Located in the heart of the Bakken just east of New Town, a short drive from Stanley and only one mile from Van Hook Recreational Park
With ever-increasing Bakken oil and gas production, area housing supply continues to decrease leading to forecasts of strong occupancy and upward-trending rental rates
Due to limited labor availability, higher material costs, and decreased access to construction financing. new multifamily supply is not coming to market in the near future