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Investment Highlights

  • Close to everything
  • Upside present for new owner
  • Large room units

Executive Summary

This 100% occupied 6-plex delivers immediate cash flow and stands as a well-maintained asset ready to perform. Recent upgrades include fresh exterior paint, updated landscaping, a resealed and surfaced parking lot, and interior improvements across nearly every unit over the past few years. With solid in-place income and room for continued growth, this property offers both stability and upside. Step in, manage efficiently, and strategically plan to unlock stronger yields as desired. A rare opportunity to secure a clean, income-producing multifamily asset in a rapidly growing market.

Property Facts

Price $1,258,560 CAD
Price Per Unit $209,760 CAD
Sale Type Investment
Cap Rate 8.20%
Sale Condition 1031 Exchange
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.35 AC
Building Size 5,928 SF
Average Occupancy 100%
No. Stories 2
Year Built 1978
Parking Ratio 1.18/1,000 SF
Zoning R4

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer Hookup
  • Heating
  • Ceiling Fans
  • Eat-in Kitchen
  • Kitchen
  • Refrigerator
  • Sprinkler System
  • Range
  • Tub/Shower
  • Carpet
  • Yard
  • Vinyl Flooring
  • Window Coverings

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 6 - 988
Moderately walkable
60/100
Very drivable
80/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
RPT0041000005BA
Land Assessment
$99,492 CAD
Improvements Assessment
$723,765 CAD
Total Assessment
$823,257 CAD
  • Listing ID: 40474131

  • Date on Market: 2026-05-10

  • Last Updated:

  • Address: 1625 Shoup Ave E, Twin Falls, ID 83301

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