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.
Mls | 98924740 |
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Listing Type | For Sale |
Style | Attachd |
Subtype | Resale |
Status | Pending |
Year | 1903 |
Days On Site | 75 |
Listing Provided By | 208 properties Realty Group | Colton Yasinski |
Beds | 12 |
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Baths | 12 |
Sq Feet | 6,000 |
Units | 12 |
State | ID |
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County | Elmore |
City | Glenns Ferry |
Zip Code | 83746 |
Area | Mtn Home Elmore |
School District | Glenns Ferry Joint District #192 |
Elementary School | Glenns Ferry Joint District #192 |
Middle School | Glenns Ferry Joint District #192 |
High School | Glenns Ferry Joint District #192 |
Listing VS Median (in 83746) | |
Price: $715,000 low | high Med: $715,000 SqFt: 6,000 low | high Med: 6,000 $ / SqFt: $119 low | high Med: $119 On Site: 75 low | high Med: 75.000000 |