Arbor Courts

Arbor Courts

3900 56th St S, Fargo, ND 58104
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Investment summary

Units150

Year built2015

Total rentable sf146,916

Avg unit size979

Avg market rent/unit$1,354

Occupancy73%

Executive summary

BWE Investment Sales is pleased to announce the exclusive listing of Arbor Courts Apartments located in the southwest Fargo, ND, an area that has seen exponential growth in recent years. Today, Arbor Courts apartments have become a vibrant and highly sought-after community in the area. As Fargo continues to expand, Arbor Courts has benefited from the city’s steady growth, offering residents a comfortable and convenient place to call home. The property has evolved to meet the community’s needs, maintaining modern amenities and well-maintained living spaces while surrounded by the dynamic development of Fargo’s economy and infrastructure. With new businesses, retail centers, and recreational areas nearby, Arbor Courts Apartments provide an ideal balance of suburban comfort and urban accessibility.

Located in a prime area of Fargo, Arbor Courts Apartments offer easy access to major highways, shopping centers, restaurants, and top-rated schools. The apartments feature spacious layouts, updated interiors, and community amenities designed to enhance residents’ lifestyles. Whether enjoying the nearby parks, taking advantage of local entertainment, or commuting to work, residents at Arbor Courts benefit from a convenient and welcoming environment. With Fargo’s continuous growth and investment in infrastructure, Arbor Courts remains a premier choice for those looking for quality, affordability, and an excellent location in this thriving city.


 

Listed in conjunction with

Brian Brockman – Broker | Bang Realty-Dakotas Inc | License No.10200

Investment highlights

Renter-occupied housing dominance:

Within a 3-mile radius, 57.9% of housing units are renter-occupied, reflecting strong demand for multifamily rental housing.

Significant population growth:

The area has experienced a 20%+ historical annual population growth since 2010, with projections showing 5%+ growth over the next five years, indicating continued upward momentum.

Positive household formation trends:

Since 2010, the market has seen ~15%+ annual growth in household formation, signaling a healthy and expanding residential base.

Bank of North Dakota:

As the only state-owned bank in the U.S., it provides financial stability and supports local lending, infrastructure, and business development, reinforcing the state’s economic foundation.

Major infrastructure projects:

The state is undertaking diverse projects, including clean energy production, data centers, and the world’s largest carbon capture facility, contributing to economic diversification and resilience.

Wonderfund North Dakota:

This $45 million venture capital fund, directed by Kevin O’Leary, supports early-stage tech startups in the state, fostering innovation and attracting additional investment.

Apartment & Building Amenities

  • Modern cabinetry
  • LVT floor
  • Stainless steel appliances
  • Granite countertops
  • In-unit laundry
  • Security cameras
  • A one stall garage included
  • Elevator
  • On-site resident managers

Exclusively listed by

Anthony DeMarco

SVP, Investment Sales