Great basis and going in cap rate on an updated 12-plex in Glenns Ferry, Idaho with newer windows, carpets, and appliances in units. All 1bd 1ba units with historic occupancy showing 100%, being on a 20-year HUD contract with 15 years left. HUD contract calls for a 3% rent increase annually. Low-maintenance tenant base with a recent government NSPIRE score of 99/100.
Features
12 bedrooms
12 bathrooms
directions_car12 carspaces
6000 sq. ft. floor area
cottageApartment
Happy sellers in Glenns Ferry
88%
sentiment_very_satisfied
88% of sellers in Glenns Ferry reported that their sale price either exceeded or met their price expectations.
Glenns Ferry stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 5 reviews in Glenns Ferry over the last 12 months.
Local market activity for 12 bedroom apartments in Glenns Ferry
Sold
For Sale
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