Technical
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Property profile

0 Tbd Airport Rd Blackfoot, ID 83221

OFF-MARKET
Residential income homes
3.02 ac lot Built 2024
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Property summary

AI-generated overview

Exceptional investment opportunity in Blackfoot, Idaho, featuring 28 newly constructed Class A townhomes, each with three bedrooms, 2.5 bathrooms, and a single-car garage. These 2024-built units boast upscale finishes including quartz countertops, lush carpeting, luxury vinyl plank flooring, stainless steel appliances, and oversized windows. Ample closet space and built-ins enhance functionality. The property sits on a 3.02-acre lot and includes 28 individual storage units, generating additional rental income. The meticulously landscaped grounds feature automatic sprinklers. Further revenue streams are projected from managing internet services for the residents. Each townhome is situated on a separate parcel, offering flexibility for individual sales or continued portfolio management. The property is zoned R2 and offers a 5.10% cap rate with an asking price of $9,300,000. Estimated completion is December 2024. This eight-building, two-story complex presents a compelling opportunity for significant returns.

Property profile

Verified
Property type Residential income homes
Year built 2024
Lot 3.02 ac (131,551 SF)

Cap rate & NOI

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

Location

Tbd Airport Rd Blackfoot, ID 83221
Blackfoot metro
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Value estimations

Realmo proprietary · 4 methods
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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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