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202-208 E Colorado Ave.

Nampa, ID 83686
  • $3,000,000
  • STATUS: Active
  • ON SITE: 46 Days
  • MLS #: 98861315
UPDATED: 41 min ago
$3,000,000
  • 0
    BEDS
  • 0.76
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 14,272
    SQFT
  • $210
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1978
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Intermountain MLS logoCourtesy of Kw Commercial.

Description

Well located 16 unit townhome property. Four buildings with 4 units each. Three parcels. Units are 2 bd/1.5 bath townhome style units. Many updates have been made in the past 36 months including new roofs, asphalt sealing and striping, new windows, several fully renovated units completed in past twelve months and all units have new A/C installed through the wall. Four fully renovated units completed with three more full renovations underway. Of the nine classic units, six have had partial updates. Located in the heart of Nampa near Northwest Nazarene University (NNU), Nampa High School, 12th Avenue retail, and easy access to I-84. Central location provides multitudes of employment and recreational opportunities for residents. Plenty of opportunity remains for this mid-stream value add deal with over half of the units remaining for a buyer to renovate and maximize the rental income. Listing agent has ownership interest in the property.

Directions: 12th Ave S, E on Colorado Ave, property is on N side of Street.

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Intermountain MLS logo© 2022 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Build Idaho | Fathom Realty are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2022-12-04T10:10:24.637.
www.build-idaho.com/homes/134062222
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202-208 E Colorado Ave. Nampa, ID 83686

  • Price: $3,000,000
  • Status: Active
  • On Site: 46 Days
  • Updated: 41 min ago
  • MLS #: 98861315
0
Beds
0
Baths
0
½ Baths
0.76
Acres
14,272
SQFT
$210
$/SQFT
1978
Built
Neighborhood:
0 Not Applic.
County:
Canyon
Area:
Nampa South (86) - 1260
Elementary School:
Sherman
Middle School:
West Middle Nam
High School:
Nampa
School District:
Nampa School District #131
Property Description
Well located 16 unit townhome property. Four buildings with 4 units each. Three parcels. Units are 2 bd/1.5 bath townhome style units. Many updates have been made in the past 36 months including new roofs, asphalt sealing and striping, new windows, several fully renovated units completed in past twelve months and all units have new A/C installed through the wall. Four fully renovated units completed with three more full renovations underway. Of the nine classic units, six have had partial updates. Located in the heart of Nampa near Northwest Nazarene University (NNU), Nampa High School, 12th Avenue retail, and easy access to I-84. Central location provides multitudes of employment and recreational opportunities for residents. Plenty of opportunity remains for this mid-stream value add deal with over half of the units remaining for a buyer to renovate and maximize the rental income. Listing agent has ownership interest in the property.

Directions: 12th Ave S, E on Colorado Ave, property is on N side of Street.
Exterior Features

Construction Materials FrameWood Siding Fencing PartialWood Lot Features 1/2 - .99 AcreSidewalksWinter Acess Parking Total 36 Roof Composition

Interior Features

Above Grade Finished Area Units Square Feet Appliances Stove/Range (All Units)Refrigerator (All Units)Washer/Dryer (Some Units) Below Grade Finished Area Units Square Feet Building Area Total 14272 Cooling Wall/Window Unit(S)All Units Cooling YN Yes Heating BaseboardElectric Heating YN Yes Laundry Features Washer/Dryer Hookups (No Units)

Property Features

Association Fee 0 Current Use 5+ Units Gross Income 237151 Listing Terms CashConsider AllConventional Net Operating Income 173072 Operating Expense 64079 Ownership Fee Simple Property Sub Type Apartment Tax Annual Amount 18960.16 Tax Legal Description See Attached Exhibit A - Legal Description Tax Year 2021 Utilities Sewer Connected Water Source City Service Zoning Description Rml

Intermountain MLS logoCourtesy of Kw Commercial: 208-475-1313.


Intermountain MLS logo© 2022 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Build Idaho | Fathom Realty are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2022-12-04T10:10:24.637.
 
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Build Idaho | Fathom Realty
131 SW 5th
Meridian ID, 83646
Intermountain MLS logoCourtesy of Kw Commercial.