Listed by TOK Commercial, TOK Commercial Twin Falls
$1,751,634
536 Elba Avenue
Details
Property Type Multifamily
Sub Type Apartment Building, Duplex Proeprty
Square Footage 5,400
Net Rentable (SqFt) 5,400
Units 8
Cap Rate 5.50%
NOI $96,340
Occupancy 100%
Year Built 2020
Buildings 4
Stories 2
Acreage 0.570
Multifamily | 5.50% CAP | 8 Units
Marketing description
Introducing a prime investment opportunity in Burley, ID: a meticulously maintained 5,400 SF multifamily property with eight spacious three-bedroom, two-bath units. Each unit features an attached garage and spans 1,350 SF over two floors, providing a comfortable and modern living experience. With a solid track record of 100% occupancy, this property presents an attractive proposition for savvy investors seeking stable returns. Situated in a sought-after location, this offering is an excellent addition to any investment portfolio.
Cassia County | North Burley
Investment highlights
- Eight (8) three-bedroom, two-bath units.
- Attached garages for each unit
- 1350 total square feet, over two (2) floors.
- Offering consists of 5,400 total square feet of living area.
- Well-maintained facilities, family developed (2020) and operated.
- Located in a rapidly growing area of Burley, with close proximity to the area’s major arterials, retailers, and services.
- Ideally situated in a stable community with a strong population at the College of Southern Idaho and major employers such as Cassia Regional Hospital, McCain Foods, Dots Foods, and more.
Listing Contacts
Listed by TOK Commercial, TOK Commercial Twin Falls
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$96,340.00
$8,028.33/mo
Valuation Metrics
0
DSCR
5.5%
Cap Rate
5.5%
ROI
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