ADVERTISEMENT

ADVERTISEMENT

Inside Business: 330-unit WF apartment complex now under new ownership, management

WEST FARGO -- One of the largest apartment complexes in the tri-state area has a new owner.The 330-unit complex at 2915 Bluestem Drive was sold by Adams Development on Feb. 1, according to David Campbell, president of Fargo-based Campbell Properties.

A view of West Fargo apartment complex Latitude 46 from 2015, when it was still under construction. The 330-unit complex is now complete and about half its units are leased. Forum file photo
A view of West Fargo apartment complex Latitude 46 from 2015, when it was still under construction. The 330-unit complex is now complete and about half its units are leased. Forum file photo
We are part of The Trust Project.

WEST FARGO - One of the largest apartment complexes in the tri-state area has a new owner.

The 330-unit complex at 2915 Bluestem Drive was sold by Adams Development on Feb. 1, according to David Campbell, president of Fargo-based Campbell Properties.

The building was purchased by a group of investors that includes Campbell and several other partners, he said. Campbell Properties is now managing the complex.

Campbell declined to comment on how long the sale was in the works or the final purchase price.

The change also gave the building a new name, switching from Dakota on Veterans to Latitude 46 - a name inspired by West Fargo's latitude coordinates.

ADVERTISEMENT

Construction is complete at the complex, which has one-, two- and three-bedroom units and boasts underground parking, a swimming pool, two hot tubs and a sauna. Campbell said about half of the units have been leased.

"It's beautiful," he said. "It's probably the nicest property that we would have under management."

Related Topics: WEST FARGO
What to read next
“It is a little bit bittersweet. We’re going to miss certain aspects of the community and the people we’ve made relationships with,” co-owner Karl Bakkum says.
"I think it's a good spot," owner Joel Wold said of the 4,000-square-foot space being fitted up for his off-sale liquor store in the Kesler building.
Gary Tharaldson, North Dakota’s successful hotel developer and owner of Tharaldson Ethanol in Casselton, North Dakota, describes how his company will move forward after the death of chief operating officer Ryan Thorpe. Tharaldson urges people to check in on others but said there was no warning at work that would have predicted the tragedy of Thorpe's death by suicide.
Lida Farm grows for Community Support Agriculture customers, farmers markets and food stands, with a little going to a local food co-op. Since 2004, the west central Minnesota farm has changed how it operates to keep up with the times and what they can handle.