Luxury Duplexes in North Dakota
Multiple twin homes located in Fendee Estates, near the Bakken Oil Fields of North Dakota.
This project was built as a long-term hold strategy where the homes were kept and rented. Fendee Estates is an approved ongoing project consisting of a total of 703 housing units, including town homes, twin homes (duplexes) and single-family homes. The demand for family housing in the area has been overwhelming and is expected to continue.
- Project start date: October 2014
- Project cost per unit: $212,000
- Project cost per duplex: $424,000
- Current status: Fully rented and stabilized