8728 Old Highway 30 - Apartments FOR SALE


Hammett, ID 83627
$2,900,000 USD
435-610-6361
8728 Old Highway 30, Hammett, ID for Sale
$2,900,000 USD
Apartments - FOR SALE
1/6
null | 9.5% Cap Rate

8728 Old Highway 30
Hammett, ID 83627


HIGHLIGHTS

  • All units single level, metal,and concrete construction
  • Positioned on 14.6 acres, water rights included.

OVERVIEW

41 units. These are great rental units with metal roofs and fresh osb underlayment and insulation. Cement floors, insulated cinderblock walls. Newer well and septic that Handel the whole property. 2 wells with well rights and kinghill irrigation water rights for the whole property. These units have stayed full for years. Excellent managers in place as well.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$94 USD /SF

# OF UNITS

38

PRICE/UNIT

$76,316

CAP RATE

9.5%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

PARKING SPACES

64

LAND DETAILS

LAND ACRES

14.6 AC

LAND SF

635,976 SF

ZONING

AG

APN/PARCEL ID

RP05S08E364410A

ASK ABOUT THIS PROPERTY

Clark FlakeClark & Verena FlakeMore Info
435-610-6361

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Clark FlakeClark & Verena FlakeMore Info
435-610-6361

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.