Property Description
Great basis and going in cap rate on an updated 12-plex in Glenns Ferry, Idaho with newer windows, carpets, and appliances in units. All 1bd 1ba units with historic occupancy showing 100%, being on a 20-year HUD contract with 15 years left. HUD contract calls for a 3% rent increase annually. Low-maintenance tenant base with a recent government NSPIRE score of 99/100.
Features
: Baseboard
: Window/Wall Unit
12
Address Map
US
ID
Elmore
Glenns Ferry
83746
392 S Ada St
W116° 42' 1.6''
N42° 57' 1.2''
Schools
Glenns Ferry Joint District #192
Glens Ferry
Glens Ferry Mid
Glenns Ferry
Additional Details
New
Apartment
2023
$3,537
No
12
81+ Years
No
No
No
10000SF - .49
No
Not Applicable
: 5+ units
Residential Income For Sale
392 S Ada St, Glenns Ferry, Idaho 83746
1 Bedrooms
1 Bathrooms
6,000 SqFt
Visits : 1 in 2 days
$715,000
Listing ID #98924740
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Status : Active
Listing ID : 98924740
Price : $715,000
Bedrooms : 1
Bathrooms : 1
Apx SqFt : 6,000 SqFt
Year Built : 1903
Days on Market : 1
Subdivision : 0 Not Applic.
Update Date : 09/23/2024 22:31:56
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