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Property profile & analytics
OFF-MARKET
Residential income homes

0 Tbd Airport Rd Blackfoot, ID 83221

3.02 ac lot Built 2024
Property ID
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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