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Featured Property
(208) 525-8088
29 Unit Apartment Complex
Idaho Falls, ID

Description

The price has been reduced to $990,000 on this fantastic investment opportunity in Idaho Falls. Well located 29 unit building with ample on-site parking and potential for developing additional units. All units are 2-bedroom/1-bath floor plans and each has its own hot water heater. Units are individually metered and tenants pay all utilities except house lights and laundry room. Improvements consist of five 6-unit buildings for a total of 29 units and a shared laundry room. There is off-street parking for 60+ cars.

Excellent opportunity for the creative investor to add value by improving curb appeal & adding additional garages or rental units. Maximize NOI by raising rents to market. Proximate to the Teton Mall, schools, public transportation and employment. Priced at a competitive cap rate. Strong growth potential in an emerging Idaho market. Only 2 hours from prestigious Sun Valley and Jackson Hole, WY. Motivated seller - submit all offers!



Contact
Doug Powell
Cell (208) 521-6971
Tel (208) 525-8088
Fax (208) 525-8188
dougpowell@nai-idaho.com

Web Site: www.nai-idaho.com

Address
1463 Benton St.
Idaho Falls, ID 83401
Size
23,040 S.F. on 1.053 Acres
Price
$990,000

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Doug Powell,
Multi-Family Specialist
(208) 521-6971

Doug Powell
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NAI Commerce One is the Eastern Idaho affiliate of NAI Global, the world's leading managed network of commercial real estate firms. With over 300 offices in 55 countries worldwide, we bring together people and resources to deliver results for our clients wherever needed. Our clients come to us for our deep local knowledge. They build their businesses on the power of our global managed network.

This statement with the information it contains is given with the understanding that all negotiations relating to the purchase, renting, or leasing of the property described above shall be conducted through this office.The above information while not guaranteed has been secured from sources we believe to be reliable.