Pending

Listed by Colton Yasinski

Source: Intermountain Multiple Listing Service #98924740

392 South Ada Street, Glenns Ferry, ID, 83623

$715,000

12
12
12
6000 sq. ft.

Apartment

30+ days on the market

What's around 392 South Ada Street

About this property

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.

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