575 TIGER AVE Idaho Falls, ID 83401
PRICE REDUCED $400, 000 for quick sale! Price is firm/non-negotiable. Terrific cap rate. 55 TOTAL UNITS!!! Great investment opportunity. Well constructed and maintained apartments that are within walking distance of schools, stores, laundry ect. Very good location. Vacancy rates are very low. The 55 units are a mixture of studio, 1 and 2 bedroom units. Nearly 50% of the apartments have been remodeled with new kitchens and ceramic tile. Entire complex was updated with vinyl siding and windows and the roofs have all been replaced in recent years as well. Tenants are on their own meters. Owner provides water and tenants pay remainder of utilities. Total square footage is for the entire complex. Buyer to verify square footage. For total rental income contact agent. There are 10 Studios, 11 - 1 Bedroom, 34 - 2 Bedroom and 36 enclosed garages that rent for $30.00 a month with a coin operated laundry for additional income.
Interior Features Include:
Exterior Features Include:
Acreage: 2.1400 Acres
Landscape Landscaping: Full, Mature Trees
Roof: Asphalt Shingles
Garage Capacity: 36
Other Features Include:
Subdivision: EL RANCHO
Information deemed reliable but not guaranteed accurate. Buyer to verify all information.The multiple listing information is provided by Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2014 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved. The information provided is for consumers, personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.