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Mountain Home Fourplex 910 E 9th N 4 Unit Apartment Building $923,883 CAD ($230,971 CAD/Unit) 5.96% Cap Rate Mountain Home, ID 83647
INVESTMENT HIGHLIGHTS
- Two ±1,400 SF Buildings. Each building is 4 beds, 2 baths, with 2 beds, 1 bath per unit
- 100% occupied. Fantastic investment opportunity for an entry-level investor. High occupancy rate year over year
- Approximately 35-minute drive from Micron's new campus/expansion
- Great location in the heart of Mountain Home. Close proximity to grocery, dining, shopping, and Mountain Home Air Force Base
- Single story garden style apartments. Professionally managed
EXECUTIVE SUMMARY
NAI Select introduces a multifamily investment property in Mountain Home: two duplex’s on separate lots totaling ±2,800 SF. Each unit is 2 bed/1 bath and separately metered for gas and electricity. The property is located in an area with high residential rental demand supported by the nearby Mountain Home Air Force Base and approximately 30
minutes from Micron’s new campus. Mountain Home is experiencing tremendous growth and continues to see rents increase. With a consistent occupancy history and strategic positioning, this property represents a practical opportunity for investors seeking exposure to a growing submarket in southern Idaho.
minutes from Micron’s new campus. Mountain Home is experiencing tremendous growth and continues to see rents increase. With a consistent occupancy history and strategic positioning, this property represents a practical opportunity for investors seeking exposure to a growing submarket in southern Idaho.
PROPERTY FACTS
| Price | $923,883 CAD | Building Class | C |
| Price Per Unit | $230,971 CAD | Lot Size | 0.18 AC |
| Sale Type | Investment | Building Size | 2,800 SF |
| Cap Rate | 5.96% | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1950 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise |
| Price | $923,883 CAD |
| Price Per Unit | $230,971 CAD |
| Sale Type | Investment |
| Cap Rate | 5.96% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 2,800 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1950 |
| Opportunity Zone |
Yes |
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Mountain Home Fourplex | 910 E 9th N
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