Property 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!