Assignment
Contract Assignment · 3BR/2.0BA in Fargo, ND | $110,000
1025 28th St S, Fargo, ND · Listed Jan 2025
The seller hasn’t added photos yet
Property typeApartment
Units80
Living area38,493 sqft
Lot0.8 acres
Year built1968
About this deal
Assignable purchase contract on a 3-bed, 2.0-bath single-family home located at 1025 28TH ST S, Fargo, ND. Contract price $110,000. Assignment fee is pre-negotiated and already priced in. Comps support solid post-rehab value — an equity play with minimal work required.
The numbers
- Cap rate
- 5.8%
- Net operating income
- $29,436/yr
- Cash flow
- +$2,453/mo
- Occupancy
- 57 of 80 units
Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.