1022 W Villard Street, Dickinson, ND

$5,000,000

45,008

Square feet

0.52

Acres

About 1022 W Villard Street

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!

Features of 1022 W Villard Street

MLS® # 7057903
Price $5,000,000
Square Footage 45,008
Acres 0.52
Year Built 2012
Type Commercial
Status Pending
Contingency Type None

Community Information

Address 1022 W Villard Street
Subdivision Youngs 5th
City Dickinson
County Stark
State ND
Zip Code 58601

Amenities

Utilities Electric Common, Heating Common
Parking On-Street Parking Only
Is Waterfront No
Has Pool No

Interior

Heating Baseboard
Fireplace No
Has Basement No

Exterior

Exterior Features Other
Roof Asphalt

School Information

District Dickinson

Additional Information

Zoning Business/Commercial
Foreclosure No
Short Sale No
Taxes $44,420
Tax Year 2025
Office RE/MAX Legacy Realty

Listing Details

OfficeRE/MAX Legacy Realty

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