650 Centennial Mountain st - Apartments FOR SALE


Driggs, ID 83422 | 
$3,000,000 USD
307-699-2393
650 Centennial Mountain st, Driggs, ID for Sale
$3,000,000 USD
Apartments - FOR SALE
1/7
null | 4.77% Cap Rate

650 Centennial Mountain st
Driggs, ID 83422


OVERVIEW

Rare opportunity to acquire a fully occupied 8-unit apartment complex with condominium conversion potential in one of Teton Valley's family oriented communities; each thoughtfully designed unit offers 898 square feet of living space with 2 bedrooms, 2 bathrooms, and an exterior storage shed, while residents enjoy access to community walking paths, playground, and a picnic area along scenic Teton Creek, enhancing long-term tenant appeal and retention; the property is currently operating at 100% occupancy, delivering immediate, stabilized cash flow

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$405 USD /SF

# OF UNITS

8

PRICE/UNIT

$375,000

CAP RATE

4.77%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Creekside Meadows

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2024

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,422 SF

ZONING

-

APN/PARCEL ID

RPA022600B0050

ASK ABOUT THIS PROPERTY

Sean BrawnerKW CommercialMore Info
307-699-2393

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Sean BrawnerKW CommercialMore Info
307-699-2393

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