442 Locust St - Apartments FOR SALE


Twin Falls, ID 83301
$775,000 USD
208-572-8500
442 Locust St, Twin Falls, ID for Sale
$775,000 USD
Apartments - FOR SALE
1/19
null | 7% Cap Rate

442 Locust St
Twin Falls, ID 83301


HIGHLIGHTS

  • Projected cap rate of 8% with room for updates & blue sky to push the cap to 10% or more!!

OVERVIEW

Updates in 2024 featuring a new roof & gutters with gutter guards. Projected cap rate of 8% with room for updates & blue sky to push the cap to 10% or more!! Discover a rare opportunity to own a well-maintained 8-unit multifamily property in a high-demand neighborhood. Ideally located next to a beautiful community park and just minutes from local schools, this income-generating property is perfectly positioned to attract long-term tenants seeking convenience, comfort, and quality of life. This 8-plex is an excellent choice for investors seeking steady cash flow, low turnover, and long-term growth potential. Whether you're looking to expand your portfolio or secure a turnkey investment in a family-friendly area, this property is a must-see. Additional Multi-Family units available separately or combined at 145, 147, 149 Robbins Ave. Interior photos available upon request -- Pro Forma, Rent Roll, and P&L are available.

FOR SALE DETAILS

PRICE

$775,000 USD

PRICE/SF

$169 USD /SF

# OF UNITS

8

PRICE/UNIT

$96,875

CAP RATE

7%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

8-Unit Multi Family Property

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1920

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

17,023 SF

ZONING

R-4

APN/PARCEL ID

RPT05210000010A

ASK ABOUT THIS PROPERTY

Aaron MiskinKeller Williams- Sun Valley Southern IdahoMore Info
208-572-8500

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Aaron MiskinKeller Williams- Sun Valley Southern IdahoMore Info
208-572-8500

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