326 N State St - Apartments FOR SALE


Shelley, ID 83274
$1,200,000 USD
208-357-4996
326 N State St, Shelley, ID for Sale
$1,200,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

326 N State St
Shelley, ID 83274


HIGHLIGHTS

  • Easy access to Interstate 15, just 6 minutes away via S. 45th Rd W.
  • Convenient, central Shelley location on State Street frontage.
  • Property features a common event space, common kitchen area, lobby area, laundry facilities, themed rooms, dedicated office space, and parking
  • Set up with a variety of recreational activities for guests/tenants including a hot tub room (under construction), a common courtyard with basketball
  • Minutes from the tourist-attracting and picturesque Snake River Canyon.

OVERVIEW

Newly remodeled, 16-unit short-term rental / AirBnB property. Units include 2 hostel-style rooms, 3 hotel-style rooms, 3 unfinished apartments, 7 finished apartments — 5 studios and 2 apartments — and 1 manager’s apartment.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$97 USD /SF

# OF UNITS

16

PRICE/UNIT

$75,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.9 AC

LAND SF

39,134 SF

ZONING

HC

APN/PARCEL ID

RP2047500

ASK ABOUT THIS PROPERTY

Blake PhippenTOK CommercialMore Info
208-357-4996

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Blake PhippenTOK CommercialMore Info
208-357-4996

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