392 S Ada St Pending Save Request In-Person Tour Request Virtual Tour
Glenns Ferry,ID 83746
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Pending
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $119
Subdivision 0 Not Applic.
MLS Listing ID 98924740
Bedrooms 12
Year Built 1903
Annual Tax Amount $3,537
Tax Year 2023
Property Description
Great basis and going in cap rate on an updated 12-plex in Glenns Ferry, Idaho with newer windows, carpets, and appliances in units. All 1bd 1ba units with historic occupancy showing 100%, being on a 20-year HUD contract with 15 years left. HUD contract calls for a 3% rent increase annually. Low-maintenance tenant base with a recent government NSPIRE score of 99/100.
Location
State ID
County Elmore
Area Mtn Home-Elmore - 1500
Interior
Heating Baseboard
Cooling Wall/Window Unit(s)
Exterior
Community Features 5+ Units
Building
Lot Description 10000SF - .49
New Construction No
Schools
Elementary Schools Glens Ferry
High Schools Glenns Ferry
School District Glenns Ferry Joint District #192