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149 Robbins Ave 4 Unit Apartment Building $965,606 CAD ($241,402 CAD/Unit) 8.39% Cap Rate Twin Falls, ID 83301
INVESTMENT HIGHLIGHTS
- Full Occupancy | Low Maintenance | Projected 9.5% Cap Rate
EXECUTIVE SUMMARY
New updates in 2024, featuring a new roof, gutters with gutter guards, modern light fixtures, new doors, and more. Don’t miss this incredible chance to own a fully occupied 4-plex just minutes from the college campus with a projected 9.5% cap rate! This prime investment property features four well-maintained units, each with established tenants in place—providing immediate cash flow from day one. Located in a high-demand rental area, this property offers excellent walkability to campus, shops, dining, and public transportation, making it a top choice for students and young professionals alike. With consistent rental history and minimal vacancy, this is a perfect addition to any investor’s portfolio. Opportunities like this don’t come around often—especially in a sought-after location with built-in tenant demand. Additional Multi-Family units available separately or combined at 145, 147, 149 Robbins Ave & 442 Locust St in Twin Falls. -- Pro Forma, Rent Roll, and P&Ls Available
DATA ROOM Click Here to Access
- Operating and Financials
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $965,606 CAD | Building Class | C |
| Price Per Unit | $241,402 CAD | Lot Size | 0.34 AC |
| Sale Type | Investment | Building Size | 3,216 SF |
| Cap Rate | 8.39% | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1978 |
| Property Subtype | Apartment | Parking Ratio | 2.49/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R-4 - R4 | ||
| Price | $965,606 CAD |
| Price Per Unit | $241,402 CAD |
| Sale Type | Investment |
| Cap Rate | 8.39% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 3,216 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1978 |
| Parking Ratio | 2.49/1,000 SF |
| Zoning | R-4 - R4 |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Storage Space
- Washer/Dryer
- Heating
- Kitchen
- High Speed Internet Access
- Refrigerator
- Satellite TV
- Oven
- Sprinkler System
- Range
- Carpet
- Deck
- Family Room
- Handrails
- Lawn
- Linen Closet
- Window Coverings
SITE AMENITIES
- Courtyard
- Trash Pickup - Curbside
- Wi-Fi
- Sundeck
- Private Bathroom
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | $2,179 CAD | 804 |
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149 Robbins Ave
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