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ListDeed
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.