1252 Id-51 Mountain Home, ID 83647
- Apartment buildings
- 3,456 SF
- 0.98 lot acres
Current Use by Public Records
- Isalis / Boutique / Women'S Clothing Store
- Party City / Costume Store / Party Store
- Skunk Funk / Wholesaler / Clothing Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop
Property Details for 1252 Id-51
- Lot size
- 0.98 lot acres
- Property size
- 3,456 SF
- Property type
- Apartment buildings
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mountain Home
- County
- Elmore
- State
- Idaho
- Longitude
- -115.717
- Latitude
- 43.1151
