1859 NW Enterprise St - Multi-Family FOR SALE


Mountain Home, ID 83647
$275,000 USD
360-726-5272
1859 NW Enterprise St, Mountain Home, ID for Sale
$275,000 USD
Multi-Family - FOR SALE
1/21
null | Request Cap Rate

1859 NW Enterprise St
Mountain Home, ID 83647


HIGHLIGHTS

  • Individually platted lots allow acquisition in any combination, from a single home up to the full 18-unit portfolio, matching a range of 1031 exchange
  • Professionally managed, 83.3% leased; the 3 vacant homes are newly built and move-in ready with no rehab needed.
  • $275,000/door is 2-5% below the $280,000-$289,900 range of 7 individual retail home sales completed within this same community since December 2025
  • An already-approved PUD lets a buyer partner with the seller to build additional units or purchase entitled/horizontally developed lots.
  • Combined with up to 9 additional homes available on NW Strahorn Drive (Phase 1B), there is meaningful upside beyond the 18 homes offered here.
  • Minutes from Mountain Home AFB; the base's military and DoD-contractor workforce anchors consistent rental demand in this submarket.

OVERVIEW

The listing price is for one unit. Located within the Turner House Depot in Mountain Home, ID — minutes from Mountain Home Air Force Base — 18 individually platted, newly built 2-bed/2-bath single-family rental homes with attached garages, available for sale individually or in any combination up to the full portfolio. Fifteen of the eighteen homes are currently leased, and the remaining three vacant units are move-in ready; these three homes are being intentionally held vacant and marketed individually for sale at retail pricing, giving a bulk buyer the option to complete those individual sales or lease them up for immediate in-place income. This offering delivers in-place income from day one on the leased homes, with added upside and optionality on the three vacant units. An additional up to 9 3-bed/2.5-bath homes on NW Strahorn Drive (Phase 1B) are also available, offering a buyer the opportunity to diversify unit mix and drive value through leasing the homes. Site plan and pricing available on request. An optional value driver is an already-approved PUD that would allow a buyer to partner with the seller to build additional units, purchase entitled lots or purchase horizontally developed lots to add to the portfolio.

FOR SALE DETAILS

PRICE

$275,000 USD

PRICE/SF

$12 USD /SF

# OF UNITS

18

PRICE/UNIT

$15,278

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Turner House Depot 18 Unit SFR Portfolio

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Matthew ColemanGinn GroupMore Info
360-726-5272

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Matthew ColemanGinn GroupMore Info
360-726-5272

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