Property summary
This exceptional investment opportunity presents a four-unit apartment building located at 1252 ID-51 in Mountain Home, Idaho, 83647. The property boasts a substantial 3,456 square feet of living space, spread across a single-story building situated on a 0.98-acre lot. The asking price is $710,000, offering a compelling 7.01% capitalization rate with a Net Operating Income (NOI) of $49,744. The property features four individual apartment units, providing a stable rental income stream. Significant advantages include a durable metal roof, a privacy-fenced parking area accommodating six vehicles, and additional parking space at the front. Furthermore, the property incorporates sustainable energy solutions with solar panels, a windmill, and 24-hour battery storage, contributing to both cost savings and environmental responsibility. This turnkey investment is ideally positioned in Elmore County, Idaho, offering a blend of strong financial returns and the appealing lifestyle of Mountain Home. The property's features and location make it an attractive proposition for investors seeking a reliable and profitable addition to their portfolio. Don't miss this chance to acquire a well-maintained, income-generating multifamily property in a desirable Idaho location.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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