45 Waterside ln - Apartments FOR SALE


Sagle, ID 83860
$2,750,000 USD
208-661-3044
45 Waterside ln, Sagle, ID for Sale
$2,750,000 USD
Apartments - FOR SALE
1/21
null | Request Cap Rate

45 Waterside ln
Sagle, ID 83860


OVERVIEW

This nearly completed 4-unit waterfront property is an amazing value-add opportunity! At approximately .95 acres and 95 feet of waterfrontage, this recreationally zoned property allows for short term rentals or full time living. Two units are ready for carpet and final trim work, the other two are drywalled and painted, ready for cabinets and finish work. Besides the 4 new units, there is a charming old 3-bedroom, 2-bath cabin on the property. A short 15-minute bike ride gets you across the long bridge to Powder Hound Pizza and all the other fun in downtown Sandpoint! - LAND AREA (AC): ±0.95 Acres - LAND AREA (SF): ±41,382 SF - PARCEL: RP0023401001D0A - ZONING: Recreational - BUILDING AREA (SF): ±8,346 SF - BUILDINGS: 2 Buildings - FOURPLEX AREA (SF): ±6,656 SF - CABIN AREA (SF): ±1,690 SF

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$329 USD /SF

# OF UNITS

5

PRICE/UNIT

$550,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Waterfront Multi-Family

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.02 AC

LAND SF

44,526 SF

ZONING

Recreational

APN/PARCEL ID

RP0023401001D0A

ASK ABOUT THIS PROPERTY

Tony VillelliKiemle Hagood Commercial Real EstateMore Info
208-661-3044

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Tony VillelliKiemle Hagood Commercial Real EstateMore Info
208-661-3044

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