Skip To Content

160 W Idaho Street

Weiser, ID 83672
  • $1,850,000
  • STATUS: Active
  • ON SITE: 34 Days
  • MLS #: 98850906
UPDATED: 60 min ago
$1,850,000
  • 0
    BEDS
  • 0.27
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 18,260
    SQFT
  • $101
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1996
County:

School Information

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

Description

Excellent mid-stream value add opportunity. Sellers have completed the initial phase of renovations which includes new roofs on both buildings, new vinyl siding, multiple unit updates, and increased rents across the board through proper management and communication with residents. Maple Terrace is a 16 unit property with 12 two bedroom units and 4 one bedroom units. The property is ready for the next phase of the value add. Spacious floor plans, and updated exteriors make this property prime for interior updates and the addition of some property amenities that will allow you to capture higher market rent and retain residents longer for better cash flows. May be sold separately or as part of a portfolio with two other 16 unit buildings--one in Payette, and one in Boise--subject to prior sale.

Directions: from HWY 95, West on E Commercial Street, N on W 3rd, E on W Idaho to address

Monthly Payment Calculator



Intermountain MLS logo© 2022 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Rocky Mountain Real Estate Brokerage 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 2022-08-16T08:10:15.003.
www.rockymountain-realestate.net/homes/130827561
Print Image

160 W Idaho Street Weiser, ID 83672

  • Price: $1,850,000
  • Status: Active
  • On Site: 34 Days
  • Updated: 60 min ago
  • MLS #: 98850906
0
Beds
0
Baths
0
½ Baths
0.27
Acres
18,260
SQFT
$101
$/SQFT
1996
Built
Neighborhood:
0 Not Applic.
County:
Washington
Area:
Weiser - 1850
Elementary School:
Weiser
Middle School:
Weiser
High School:
Weiser
School District:
Weiser School District #431
Property Description
Excellent mid-stream value add opportunity. Sellers have completed the initial phase of renovations which includes new roofs on both buildings, new vinyl siding, multiple unit updates, and increased rents across the board through proper management and communication with residents. Maple Terrace is a 16 unit property with 12 two bedroom units and 4 one bedroom units. The property is ready for the next phase of the value add. Spacious floor plans, and updated exteriors make this property prime for interior updates and the addition of some property amenities that will allow you to capture higher market rent and retain residents longer for better cash flows. May be sold separately or as part of a portfolio with two other 16 unit buildings--one in Payette, and one in Boise--subject to prior sale.

Directions: from HWY 95, West on E Commercial Street, N on W 3rd, E on W Idaho to address
Exterior Features

Carport YN Yes Construction Materials FrameVinyl Siding Lot Features 10000Sf - .49Sidewalks Open Parking YN Yes Parking Features CarportFinished Driveway Parking Total 24 Roof Composition

Interior Features

Above Grade Finished Area Units Square Feet Appliances Stove/Range (All Units)Refrigerator (All Units)Washer/Dryer (No Units) Below Grade Finished Area Units Square Feet Building Area Total 18260 Cooling Central AirAll Units Cooling YN Yes Garage YN No Heating Forced Air Heating YN Yes Laundry Features Washer/Dryer Hookups (No Units)

Property Features

Association Fee 0 Current Use 5+ Units Gross Income 146679 Listing Terms CashConventional1031 ExchangeOther Net Operating Income 93687 Operating Expense 52992 Ownership Fee Simple Property Sub Type Apartment Tax Annual Amount 10860 Tax Legal Description The West 10 Feet Of Lot 16And All Of Lots 171819And 20 Of Block 20 Of Watlington's Addition To The City Of WeiserIdahoAs The Same Appears On The Official Plat Thereof On File in The Office Of The County Recorder Of Washington CountyIdaho. Tax Year 2021 Utilities Sewer Connected Water Source City Service

Intermountain MLS logoCourtesy of Kw Commercial.


Intermountain MLS logo© 2022 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Rocky Mountain Real Estate Brokerage 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 2022-08-16T08:10:15.003.
 
https://bt-photos.global.ssl.fastly.net/imls/1280_boomver_1_98850906-2.jpg https://bt-photos.global.ssl.fastly.net/imls/1280_boomver_1_98850906-2.jpg https://bt-photos.global.ssl.fastly.net/imls/1280_boomver_1_98850906-2.jpg
Logo
Rocky Mountain Real Estate Brokerage
530 Oneida St.
Rupert ID, 83350
Intermountain MLS logoCourtesy of Kw Commercial.