Description
Well maintained well managed Boarding House with 8 SRO rooms. Shared kitchens and shared baths. Tenants are long term. Current management will stay in place with scope of duty and compensation to be negotiated upon acceptance of offer. Common areas are available for viewing. Accepted offer for individual rooms. This is a very unique concept but an incredible cash flow opportunity with a great cap rate, stability, and relative ease of management. Property has been well maintained. Great location with easy access for bus routes. ( majority of tenants do. not drive) This is a great investment for first time investors looking to get into the market.
Directions: Cloverdale to Eden, turn East on Eden, turn North on Creswell
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1BEDS
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0.26ACRES
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0BATHS
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01/2 BATHS
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2,651SQFT
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$277$/SQFT
School Information
Courtesy of Majestic Idaho Real Estate.Description
Well maintained well managed Boarding House with 8 SRO rooms. Shared kitchens and shared baths. Tenants are long term. Current management will stay in place with scope of duty and compensation to be negotiated upon acceptance of offer. Common areas are available for viewing. Accepted offer for individual rooms. This is a very unique concept but an incredible cash flow opportunity with a great cap rate, stability, and relative ease of management. Property has been well maintained. Great location with easy access for bus routes. ( majority of tenants do. not drive) This is a great investment for first time investors looking to get into the market.
Directions: Cloverdale to Eden, turn East on Eden, turn North on Creswell
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