Property profile

0 Furrow Dr Parkinson, ID 83448

OFF-MARKET
Residential income homes
12,480 SF 0.18 ac lot Built 2024
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Property summary

AI-generated overview

This exceptional investment opportunity presents an eight-unit townhome complex in Sugar City, Idaho, currently under construction with an estimated completion date of early summer 2024. Located on Furrow Dr, this property boasts a total of 12,480 square feet on a 0.176-acre lot, zoned R3- High Density Residential. Each of the eight units features two parking spaces and offers a desirable floor plan seamlessly integrating the living room, dining area, and kitchen. Kitchens include crisp white cabinetry and granite countertops. A powder room is conveniently located on the main level, while all bedrooms are situated upstairs for privacy. In-unit laundry adds to the convenience. The property's prime location offers easy access to US-20 E, Sugar City schools (1.5 miles), and Sugar City's amenities. It's also within 2 miles of Rexburg's northern corridor, providing access to shopping, dining, and entertainment. The asking price is $2,540,800, representing a price per unit of $317,600 and a price per square foot of $203.59. The property is currently vacant. A $50 HOA transfer fee per unit is payable by the buyer at closing

Property profile

Verified
Property type Residential income homes
Year built 2024
Total area 12,480 SF
Lot 0.18 ac (7,667 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Furrow Dr Parkinson, ID 83448
Parkinson metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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