Sioux Falls Commercial Real Estate


Finding Normal Apartments

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920 6 Ave N
Fargo, ND

Space Available: 60 Units

For Sale: $3,195,000

Property Description

  • Unit mix: 60 Studio apartments
  • Downtown Fargo
  • Historically low vacancy rate
  • Four 3-story brick buildings with pool & hot tub
  • Gated community
  • Secured off street parking with plug-ins
  • Appliances included
  • Pets allowed
  • Kennel Run
  • Gym
  • Coin operated laundry
  • Financials available with signed CA
  • 9.1% Cap Rate (without property management)
  • 8.6% Cap Rate est. (with property management)


Paul S. Balega

Broker Associate

Paul has 11 years of commercial brokerage experience with NAI North Central specializing in industrial and income producing properties. Paul started in real estate in 1993 and since then  has seen many changes within the real estate industry. 

Jason Semerad


Jason Semerad joined NAI North Central after spending his previous 17 years in the employment & staffing business.  In 1997, he acquired a degree in Business Management from the University of North Dakota.  His approach to building his own business is through personal relationships and by striving to use an honest and ethical approach in any real estate transaction.  He currently lives with his fiancĂ©e Kristi in Hankinson, ND, where he enjoys the small town life.