1993 E 8th N - Medical FOR SALE


Mountain Home, ID 83647
$1,707,000 USD
208-678-6288
1993 E 8th N, Mountain Home, ID for Sale
$1,707,000 USD
Medical - FOR SALE
1/15
null | 6% Cap Rate

1993 E 8th N
Mountain Home, ID 83647


HIGHLIGHTS

  • Highly visible along major thoroughfare
  • 100% Leased - National Tenant
  • Excellent easy to access location close to I-84
  • Fast and easy drive to Boise

OVERVIEW

Excellent investment opportunity to acquire a highly visible medical office located along a major throughfare in Mountain Home. The property is currently leased to a strong tenant, a reputable provider of special needs care for children and adults, with long-term leases in place. Medallion at Mountain Home is an opportunity for investors to acquire a stable, income-generating asset at a below-replacement-cost, with long term lease in place that is well below current market rate. * Long-term net leases with a reputable provider of special needs care for both children and adults, ensuring stable cash flow and minimal tenant risk. * Exponential population growth as evidenced by a 21% increase in population from 2013-2023. * 30 miles east of Micron Technologies semiconductor manufacturing facilities expected to bring 17,000 jobs to the area. * For a savvy investor to acquire quality assets at a discount. * Strong potential for long-term appreciation in value, driven by the growing demand for healthcare services in the region. * Mountain Home, Idaho is a city located in Elmore County, approximately 44 miles southeast of Boise. The building is easily accessible from Highway 20 and is surrounded by residential areas and local businesses. * The city is home to Mountain Home Air Force Base (MHAFB), a long-standing and mission critical military installation located approximately 12 miles southwest of the property.

FOR SALE DETAILS

PRICE

$1,707,000 USD

PRICE/SF

$112 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Medallion at Mountain Home

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.08 AC

LAND SF

47,045 SF

ZONING

R4

APN/PARCEL ID

RPA3S07E303655A

ASK ABOUT THIS PROPERTY

Kurt GreggCBREMore Info
208-678-6288

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Kurt GreggCBREMore Info
208-678-6288

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