536 Elba Ave Burley, ID 83318
Eight-unit multifamily property with expansion potential in a growing area.
Property size:
5,400 SFProperty Features for 536 Elba Ave
General Information
- Size
- 5,400 SF
Source:
Tokcommercial
Listing Agent: Darren Puetz
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Burley Multifamily Investment Opportunity
Located at 536 Elba Avenue in Burley, ID, this multifamily property presents a significant investment opportunity. Constructed in 2020, the property consists of eight units within a 5,400 square foot building, all of which are currently occupied. Each unit features three bedrooms and two bathrooms, with a total of 1,350 square feet spread across two floors, and includes an attached garage. The offering also includes 0.29 acres of adjacent land, presenting a development opportunity for potential expansion. The property is located in North Burley, Cassia County, within a rapidly growing area and is well-maintained. Its location provides close proximity to major roads, retailers, and services. The property is situated in a stable community with a strong population base supported by the College of Southern Idaho and major employers such as Cassia Regional Hospital, McCain Foods, and Dots Foods.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Burley
- County
- Cassia
- State
- Idaho
- Longitude
- -113.786367
- Latitude
- 42.546436
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Eight-unit multifamily property with expansion potential in a growing area.
Where is this apartment building located?
The property is located at 536 Elba Ave Burley, ID.
What is the asking price?
The asking price for this property is $1,822,593.
What are key features of this property?
This property features: - 100% Occupancy: Provides immediate and consistent rental income.; - Eight 3-Bedroom/2-Bath Units with Attached Garages: Highly desirable unit configuration for renters.; - Development Opportunity: Includes 0.29 acres of adjacent land for potential expansion.