Currently property is held in an LLC with plans for a condo overlay. Each unit comes with one garage (add $100/mo) and access to office with small fitness center. HOA is not yet established however near completion. Property Management Realty Asset Management. This is very well located near downtown, Walmart and Strawberry Glenn shopping as well as new retail on the north side of State Street including restaurants & entertainment. Construction financing is in place with Freddie Mac lined up for take out.
- Price:
- $11,145,772
- Bedrooms:
- 6
- Square Footage:
- 39,744
- Acreage:
- 3.03
- Year Built:
- 2020
- Listing ID #:
- 98760105
- Street Address:
- 9557 W State St
- City:
- Boise
- State:
- Idaho
- Postal Code:
- 83714
- County:
- Ada
- Community:
- Boise Nw - 0800
- Subdivision:
- 0 Not Applic.
- Listing Status:
- Pending
- Listing Type:
- Residential Income
10-12
1390 students
18 student/teacher
- Construction Type:
- Stucco
- Number Of Units:
- 44
- Total Building Square Footage:
- 39744
- Type Of Roof:
- Composition
- Year Built:
- 2020
- Gross Income:
- 833748
- Net Operating Income:
- 669046
- Operating Expense:
- 164702
- Existing Land Use:
- 5+ Units
- Lot Features:
- 1 - 4.99 Acres
- Lot Size:
- 3.03
- Lot Size Units:
- Acres
- Lot Square Footage:
- 131986.8
- Days On Market:
- 307
- Originating Mls:
- Imls 2
- Terms:
- Cash, Conventional
- Ownership:
- Fee Simple
- Property Taxes:
- $78,320
- Tax Year:
- 2020
- Carport Present:
- Yes
- Covered Parking Spaces:
- 2
- Fence:
- Partial, Vinyl
- Garage Parking Spaces:
- 2
- Has Garage:
- Yes
- Parking Description:
- Two Car, Carport, Detached
- Parking Spaces:
- 108
- Appliances:
- Disposal (all Units), Stove/Range (all Units), Refrigerator (all Units), Washer/Dryer (all Units)
- Cooling System:
- Central Air, All Units
- Electricity:
- 2900, Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter
- Existing Water:
- City Service
- Gas:
- Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter
- Has Central Air Conditioning:
- Yes
- Heating:
- Forced Air, Natural Gas
- Laundry:
- Washer/Dryer Hookups (all Units)
- Utilities:
- Sewer Connected
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By Kw Commercial
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