Timber Trails Williston, ND

Investment Highlights

• Exceptionally Attractive Going-In Basis & Cash Flow
• High-Quality Construction with Diverse Unit Mix
• Significant Capital Improvements | $830K+ Invested 
• Long-Term Owner-Operator (14+ Years)
• Muted Supply Driving Market Rent Growth
• Prime & Strategic Location with Strong Connectivity
• Offered Free & Clear of Existing Debt

Exceptionally Attractive Going-In Basis and Cash Flow

Priced in the low-$80,000s per unit, this offering sits at a fraction of today’s replacement costs, providing an immediate competitive advantage and a protected downside. This low-cost basis, combined with the asset’s stabilized operations, allows investors to capture outsized yields and true double-digit cash-on-cash returns.

High-Quality Construction with Diverse Unit Mix

Developed in 2012, Timber Trails offers residents an attractive mix of spacious one-, two-, and three-bedroom units. In addition to sizeable unit layouts, the property boasts in-unit washers and dryers, 9’ ceilings, private decks/patios, large closets, and more.

Significant Capital Improvements | $830K+ Invested

Current ownership has executed a comprehensive $830,000 capital improvement plan, significantly reducing deferred maintenance and enhancing long-term value:

• Full Roof Replacement (2021): All roofs replaced, providing 20+ years of projected useful life and immediate peace of mind for future ownership.
• Total Water Heater Upgrade (2021–2024): 100% of units feature new water heaters, minimizing future plumbing-related expenses.
• Concrete & Curb Appeal (2023): $117K dedicated to replacing all walkways, drastically improving property aesthetics and safety.
• Enhanced Amenity Package: New leasing office, dog park, and outdoor BBQ area to drive tenant retention, plus a modern surveillance system and updated signage.

Amenities