Listed by TOK Commercial, TOK Commercial Twin Falls
$1,751,634
537 Almo Ave
Details
Property Type Multifamily
Sub Type Apartment Building, Low-Rise/Garden
Square Footage 5,400
Net Rentable (SqFt) 5,400
Units 8
Cap Rate 5.50%
NOI $96,340
Occupancy 100%
Price per SqFt $7
Price Per Acre $94,100
Year Built 2020
Buildings 4
Stories 2
Acreage 0.570
Multifamily | 8 Units | $1,350/unit
Marketing description
Introducing an exceptional investment opportunity in Burley, ID: a well-appointed 5,400 SF multifamily property featuring eight desirable three-bedroom, two-bath units. Each unit boasts an attached garage and spans 1,350 SF across two floors, offering contemporary living spaces for residents. With impeccable maintenance and a strong track record of 100% occupancy, this property presents a compelling proposition for discerning investors seeking stable returns.
Don't miss the chance to add this sought-after property to your 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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