Description
CASH BUYERS ONLY! 2 homes + RV space 15049 and 15065 5th Street. High cash-flow investment on 0.74 acres featuring 2 homes, separate addresses, separate power meters, and an estimated 10%+ cap rate not including $600 RV space. Producing $2,750/month in rental income with very low operating expenses + $600 more potential rv space which takes it to 13% cap. This is an ideal investment or 1031 exchange opportunity. The 978 sq. ft. stick-built home and 924 sq. ft. fully updated manufactured home are occupied by dependable long-term tenants who pay on time, take pride in the property, and want to stay. Well maintained with an inspected well and septic replaced approximately 4 years ago, recently pumped and inspected. Includes an unused RV site with septic dump (power can be easily added), 90'×60' parking area, pasture, and an old barn. Seller is reallocating investments. Sold in its present condition. Absolutly do not disturb tenants. Pictures were taken prior to renting.
Directions: From Apricot to address
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6BEDS
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0.74ACRES
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3BATHS
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01/2 BATHS
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1,904SQFT
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$163$/SQFT
School Information
Courtesy of Authority Real Estate at 208-475-1475.Description
CASH BUYERS ONLY! 2 homes + RV space 15049 and 15065 5th Street. High cash-flow investment on 0.74 acres featuring 2 homes, separate addresses, separate power meters, and an estimated 10%+ cap rate not including $600 RV space. Producing $2,750/month in rental income with very low operating expenses + $600 more potential rv space which takes it to 13% cap. This is an ideal investment or 1031 exchange opportunity. The 978 sq. ft. stick-built home and 924 sq. ft. fully updated manufactured home are occupied by dependable long-term tenants who pay on time, take pride in the property, and want to stay. Well maintained with an inspected well and septic replaced approximately 4 years ago, recently pumped and inspected. Includes an unused RV site with septic dump (power can be easily added), 90'×60' parking area, pasture, and an old barn. Seller is reallocating investments. Sold in its present condition. Absolutly do not disturb tenants. Pictures were taken prior to renting.
Directions: From Apricot to address
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