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Hatch Brokered by Real

| Hatch Brokered by Real | Real Brokerage LLC | PLACE

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1022 W Villard St , Dickinson, ND 58601
$5,000,000
Est. Payment: $11,111.11/mo
0 Bed
0 Bath
45008 Sqft
Status: Pending | Days on site: 85
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House Description

Villard Commons presents a rare opportunity to acquire a stabilized, professionally managed 47-unit apartment community in the heart of Dickinson, North Dakota—one of Western North Dakota’s most consistent rental markets. Strategically positioned just minutes from Dickinson State University and major retail corridors, this asset benefits from strong, reliable tenant demand driven by students, workforce housing needs, and regional economic activity. The property features a desirable unit mix of one-, two-, and three-bedroom layouts designed to accommodate a broad tenant base. Units are well-equipped with modern conveniences including dishwashers, updated appliance packages, and in-unit laundry or hookups, while the building itself offers secure access, elevator service, and 24/7 maintenance support—creating an attractive, low-friction living experience for residents. Current rents are positioned competitively within the Dickinson market, offering immediate cash flow with clear upside through continued operational efficiencies and incremental rent growth. Market data indicates the property rents at or below surrounding averages, supporting a strong value-add thesis without requiring heavy capital expenditure. Contact today for more information!

Highlights

Listed by Blaine Cook , 701-720-4719 RE/MAX Legacy Realty , 701-492-5050. Minneapolis/St. Paul and St. Cloud - Northstar MLS

Property Type

Commercial Sale

Lot/Acreage
0.52

Year Built

2012

County

Stark

Neighborhood

Youngs 5th

School District

Dickinson

Listing ID

7057903

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Water:City Water/Connected

Exterior Features

Lot Dimensions:145x141x155x150
Zoning:Business/Commercial
Roof:Asphalt
Sewer:City Sewer/Connected
Parking Features:On-Street Parking Only
Principal Interest
$11,111
Taxes
$3,702

Home Price

$5,000,000

Loan Details

30 yrs
%

Down Payment

20%
$1,000,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$11,111.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $11,111.11 $3,701.67 $0.00 $14,812.78
Yearly $133,333.33 $44,420.00 $0.00 $177,753.33
Total $4,000,000.00 $1,332,600.00 $0.00 $5,332,600.00
Lender profile image
Will Provost
Loan Originator
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Market insight data is pulled from the same city as the listing being viewed (Dickinson, ND).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Hatch Brokered by Real | Real Brokerage LLC | PLACE are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers.
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Data last updated: 2026-09-06T08:58:07.000Z

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