Description
Great investment for serious investor. This nine plex building is located near the center of Historic Idaho Falls. The building performs at nearly zero vacancy and probably the least expensive apartments in the area inside Idaho Falls fiber-optic service area. Priced to sell, there are tons of opportunities for increased cash flow with some cleanup and upgrades. Long-term tenants don't want to leave and would probably be a great spot for some short-term guests. The building has a new (40 year) roof in 2022. We have included a financial report and rent roll report on the listings attached documents and pictures of the units. Owner is selling the building in a 1031 transaction.
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9BEDS
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0.1ACRES
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8BATHS
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01/2 BATHS
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3,645SQFT
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$219$/SQFT
School Information
Description
Great investment for serious investor. This nine plex building is located near the center of Historic Idaho Falls. The building performs at nearly zero vacancy and probably the least expensive apartments in the area inside Idaho Falls fiber-optic service area. Priced to sell, there are tons of opportunities for increased cash flow with some cleanup and upgrades. Long-term tenants don't want to leave and would probably be a great spot for some short-term guests. The building has a new (40 year) roof in 2022. We have included a financial report and rent roll report on the listings attached documents and pictures of the units. Owner is selling the building in a 1031 transaction.
Listing provided courtesy of Roi Brokers, Llc: 2083134422.