HIGHLIGHTS
- Classic 5-unit multi-family on iconic Warm Springs Avenue in Boise’s East End
- Flexible income profile historically rented as 3 short-term Airbnb rentals plus 2 long-term units
- Long & short-term rentals are fully managed by 3rd party property management company. If buyer wants to self-manage they could increase cashflow
- High-demand location creates strong renter and guest pull, with an excellent opportunity to target traveling nurses, hospital staff, and Airbnb guests
- Prime walkable location near downtown, BSU, St. Luke’s, the Greenbelt, parks, and shopping, ideal for both visitors and long-term tenants
FOR SALE DETAILS
PRICE
$900,000 USD
PRICE/SF
$423 USD /SF
# OF UNITS
5
PRICE/UNIT
$180,000
CAP RATE
5.57%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1900
PARKING SPACES
5
LAND DETAILS
LAND ACRES
0.1 AC
LAND SF
4,385 SF
ZONING
R-3HD
APN/PARCEL ID
S1011325670
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208-284-9946
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208-284-9946
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