Description
A rare commercial multi-family build job opportunity. 2 12-Plex buildings on a 1-acre site. Each building is 3 levels with each level comprised of 3 2-bed 1 bath units & 1 1-bed 1 bath unit. Each unit is between 805-817sf. There are 48 parking spaces. 5.1% Cap Rate. Est $337,441 NOI. Includes full landscaping with pressurized irrigation & the North, East & South boundaries will have a 6 vinyl privacy fence. The builder is currently in the process of obtaining the building permits with the goal of starting construction in August with an approximate completion date of Spring of 2023.The builders have targeted a more high-end finish to attract a higher level of tenant. The units will be finished with a mid-level cabinet topped by quartz countertops & SS appliances (refrigerator, dishwasher, electric range, microwave, & washer/dryer). Mix of carpet & luxury vinyl plank flooring.
Directions: I-84->S on Garrity->E on Flamingo->S on Happy Valley->W on Airport->N on 44th
-
42BEDS
-
0.98ACRES
-
0BATHS
-
01/2 BATHS
-
19,446SQFT
-
$342$/SQFT
School Ratings & Info
Courtesy of Silvercreek Realty Group.Description
A rare commercial multi-family build job opportunity. 2 12-Plex buildings on a 1-acre site. Each building is 3 levels with each level comprised of 3 2-bed 1 bath units & 1 1-bed 1 bath unit. Each unit is between 805-817sf. There are 48 parking spaces. 5.1% Cap Rate. Est $337,441 NOI. Includes full landscaping with pressurized irrigation & the North, East & South boundaries will have a 6 vinyl privacy fence. The builder is currently in the process of obtaining the building permits with the goal of starting construction in August with an approximate completion date of Spring of 2023.The builders have targeted a more high-end finish to attract a higher level of tenant. The units will be finished with a mid-level cabinet topped by quartz countertops & SS appliances (refrigerator, dishwasher, electric range, microwave, & washer/dryer). Mix of carpet & luxury vinyl plank flooring.
Directions: I-84->S on Garrity->E on Flamingo->S on Happy Valley->W on Airport->N on 44th
© 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 2022-08-16T00:10:34.347.