Properties

Property Description

PRICE REDUCED $400,000 for quick sale! Price is firm/non-negotiable. Terrific cap rate. 55 TOTAL UNITS!!! Great investment opportunity. Well constructed and maintained apartments that are within walking distance of schools, stores, laundry ect. Very good location. Vacancy rates are very low. The 55 units are a mixture of studio, 1 and 2 bedroom units. Nearly 50% of the apartments have been remodeled with new kitchens and ceramic tile. Entire complex was updated with vinyl siding and windows and the roofs have all been replaced in recent years as well. Tenants are on their own meters. Owner provides water and tenants pay remainder of utilities. Total square footage is for the entire complex. Buyer to verify square footage. For total rental income contact agent. There are 10 Studios, 11 – 1 Bedroom, 34 – 2 Bedroom and 36 enclosed garages that rent for $30.00 a month with a coin operated laundry for additional income.

Features
: Electric
: 26
36
Address Map
US
ID
Bonneville
Idaho Falls
CLEAR CREEK
83401
TIGER
575
W113° 58' 53.6''
N43° 29' 32.9''
Additional Features
Other/See Remarks
See Remarks,Laundry: Coin,Park/Playground
Aluminum/Vinyl
Cash,Conventional
See Remarks
Asphalt Shingles
Culinary
0
0
58
Detached
Keller Williams Realty East Idaho
0 Acre
Contact Agent

> 4 units For sale

575 TIGER, Idaho Falls, Idaho 83401

0 Bathrooms
2.14 Acre
$2,999,000
Listing ID #1487190
Basic Details
Property Type : > 4 units
Listing Type : For sale
Listing ID : 1487190
Days on Market : 85
Price : $2,999,000
Bathrooms : 0
Year Built : 1953
Lot Size : 2.14 Acre
Level 1 square feet : 0 Sqft
taxes : 22698
Jeremy  Higginson
Market Source Real Estate
1400 South 1100 East
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