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31230900
31230908

961 Foster Ave, Mountain Home, ID 83647

Homes of Idaho
Listed by Homes of Idaho
$1,250,000
71 days on market
Updated 71 days ago

Bradford Townhomes

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 5,108
Units 4
NOI $65,111
Occupancy 100%
Price per SqFt $245
Year Built 2025
Buildings 1
Parking Spaces 2 per unit
Ownership Fee Simple
Sale Condition For sale by owner

New Construction 4-Plex | Fully Leased | Mountain Home, ID | $312,500/unit

Marketing description

Well-positioned new construction four-plex offering stable in-place income and a low-maintenance investment profile. Built in 2025, this property features four spacious 3-bedroom, 2.5-bath units, each approximately 1,277 square feet. Each unit includes an attached garage, private fenced yard, and modern finishes, along with 220V EV charging capability. The property is fully leased and designed for long-term tenant retention, with individually metered utilities helping keep operating costs efficient. Located just minutes from Mountain Home Air Force Base, the property benefits from a consistent and reliable tenant base, along with continued growth driven by proximity to the Boise metro area and major employers such as Micron Technology

Investment highlights

Highlights

New Construction (2025 build)
Fully occupied- immediate income
Large 3-bedroom units (strong rental demand)
Garages + outdoor space increase tenant retention
Long-term upside through rent growth and appreciation

Key demand drivers for Mountain Home rentals include:
35 minute commute to Micron, one of Idaho’s largest employers
Population growth: consistent 1%+ annual increases
Military-linked housing demand tied to Base personnel growth
Commuter population from Boise metro region seeking affordable housing option


Financial Overview
Gross Annual Income: $85,380
NOI: Approximately $65,000
Operating expenses include management, insurance, landscaping, and property taxes (estimated at approximately $7,600 annually; buyer to verify).


Investment Summary

This is a stabilized, low-management asset ideal for investors seeking consistent cash flow with long-term upside. Rents are currently below comparable Boise metro levels, providing potential for future growth as the surrounding market continues to expand.

Listing Contacts

Homes of Idaho
Listed by Homes of Idaho

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$65,111.00
$5,425.92/mo

Valuation Metrics

0
DSCR
5.21%
Cap Rate
5.21%
ROI

Map

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Additional Information

Name
Ryan Jamison
License
52687
Brokerage
Homes of Idaho
Brokerage Phone
2084090207
Title
Real Estate Broker
Brokerage Address
3597 East Monarch Sky Lane
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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