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Property profile & analytics
FOR SALE
Commercial real estate

1221 21St St Heyburn, ID 83336

4,624 SF 0.32 ac lot Built 2017
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US27-1099899
Property summary
AI-generated overview

This exceptional 4,624 square foot multi-unit property in Heyburn, Idaho presents a remarkable investment opportunity. Situated on a 0.32-acre lot at 1221 21st Street, this meticulously maintained building offers a unique blend of rental options, currently utilized for nightly rentals, corporate housing, and long-term leases. The custom-built structure boasts 12 bedrooms and 14 bathrooms, each featuring a private exterior entrance, kitchenette, private ADA-compliant bathroom, basic cable, internet and Wi-Fi access, a telephone landline, a television, and individual climate control. Common areas include a spacious living room with a fireplace and television, a large fully equipped kitchen, a dining area, a private dining/meeting room, and multiple guest bathrooms, including one with a walk-in tub. Three laundry rooms (one in each wing) ensure convenience for all occupants. Outdoor amenities include two private courtyards and ample off-street parking. Additional features include 13 individual mailboxes, enhancing the property's functionality and appeal. The property is fully furnished and ready for immediate income generation, making it an ideal investment for discerning buyers seeking a high-return, diversified rental portfolio. Priced at $1,799,000, this property represents a rare opportunity in the Heyburn market.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2017
Total area 4,624 SF
Lot 0.32 ac (14,000 SF)
APN RPH2270011001HA
UPID US27-1099899
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
Current use
Occupant on record · Public records
  • Greystone Crossing Hotel & Motel Bed & Breakfast
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k
Owner & transaction history
Beacon Management LLC · 8 yrs held
Beacon Management LLC
since 2018
2 recorded transactions
2018
Price N/A
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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