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1993 E 8th N
Mountain Home, ID 83647
Medallion at Mountain Home · Office Property For Sale
Investment Highlights
- Highly visible along major thoroughfare
- Excellent easy to access location close to I-84
- 100% Leased - National Tenant
- Fast and easy drive to Boise
Executive Summary
Excellent investment opportunity to acquire a highly visible medical office located along a major throughfare in Mountain Home.
The property is currently leased to a strong tenant, a reputable provider of special needs care for children and adults, with long-term leases in place. Medallion at Mountain Home is an opportunity for investors to acquire a stable, income-generating asset at a below-replacement-cost, with long term lease in place that is well below current market rate.
* Long-term net leases with a reputable provider of special needs care for both children and adults, ensuring stable cash flow and minimal tenant risk.
* Exponential population growth as evidenced by a 21% increase in population from 2013-2023.
* 30 miles east of Micron Technologies semiconductor manufacturing facilities expected to bring 17,000 jobs to the area.
* For a savvy investor to acquire quality assets at a discount.
* Strong potential for long-term appreciation in value, driven by the growing demand for healthcare services in the region.
* Mountain Home, Idaho is a city located in Elmore County, approximately 44 miles southeast of Boise. The building is easily accessible from Highway 20 and is surrounded by residential areas and local businesses.
* The city is home to Mountain Home Air Force Base (MHAFB), a long-standing and mission critical military installation located approximately 12 miles southwest of the property.
The property is currently leased to a strong tenant, a reputable provider of special needs care for children and adults, with long-term leases in place. Medallion at Mountain Home is an opportunity for investors to acquire a stable, income-generating asset at a below-replacement-cost, with long term lease in place that is well below current market rate.
* Long-term net leases with a reputable provider of special needs care for both children and adults, ensuring stable cash flow and minimal tenant risk.
* Exponential population growth as evidenced by a 21% increase in population from 2013-2023.
* 30 miles east of Micron Technologies semiconductor manufacturing facilities expected to bring 17,000 jobs to the area.
* For a savvy investor to acquire quality assets at a discount.
* Strong potential for long-term appreciation in value, driven by the growing demand for healthcare services in the region.
* Mountain Home, Idaho is a city located in Elmore County, approximately 44 miles southeast of Boise. The building is easily accessible from Highway 20 and is surrounded by residential areas and local businesses.
* The city is home to Mountain Home Air Force Base (MHAFB), a long-standing and mission critical military installation located approximately 12 miles southwest of the property.
Property Facts In Escrow
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
15,271 SF
Building Class
B
Year Built/Renovated
1981/1997
Price
$2,333,554 CAD
Price Per SF
$152.81 CAD
Cap Rate
6%
NOI
$140,013 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,636 SF
Slab To Slab
11’
Building FAR
0.32
Lot Size
1.08 AC
Opportunity Zone
Yes
Zoning
R4 - Low Density Residential District
Amenities
- Signage
- Wheelchair Accessible
- Reception
- Monument Signage
- Air Conditioning
Property Taxes
| Parcel Number | RPA3S07E303655A | Improvements Assessment | $861,271 CAD |
| Land Assessment | $79,148 CAD | Total Assessment | $940,419 CAD |
Property Taxes
Parcel Number
RPA3S07E303655A
Land Assessment
$79,148 CAD
Improvements Assessment
$861,271 CAD
Total Assessment
$940,419 CAD
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