1227 South 4th Avenue Pocatello, ID 83201

Building Details

Year Built

1965

Listing Agency Premier Properties p***@gmail.com Show Phone

Listed by Greg Johnston · License #SP23782

Source Crexi

Added: May 21 Checked: Jul 15 at 8:20 pm

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Investment Insights

Based on property information with market context.

This apartment complex features sixteen units, distributed across four separate fourplex buildings. The property is in very good condition and offers a turnkey investment opportunity. Each apartment includes two bedrooms and one bathroom. The monthly income totals $15,550, with most units renting for $975 and one unit at $925. Tenants are responsible for paying their electricity. Many of the apartments have been updated with new cabinets, flooring, and shower surrounds. The buildings feature vinyl siding, vinyl windows, and metal roofs. Ample parking is available on the large 0.48-acre lot, which also includes a sprinkler system. The property maintains 100% occupancy at the time of listing. Additional amenities include a common laundry area and a storage area for each tenant. Located in the university area, this property is priced below a recent appraisal.

Key Highlights

• 100% Occupancy Rate
• Turn‑Key Investment Property
• Below Recent Appraisal Price

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FAQs

What type of property is this?

Apartment building - Sixteen-unit apartment complex in excellent condition, ideal for investment.

Where is this apartment building located?

The property is located at 1227 South 4th Avenue Pocatello, ID.

What is the asking price?

The asking price for this property is $2,250,000.

What are key features of this property?

This property features: 100% Occupancy Rate; Turn‑Key Investment Property; Below Recent Appraisal Price