Description
Excellent mid-stream value add opportunity. Sellers have completed the initial phase of renovations which includes new roofs on both buildings, new vinyl siding, multiple unit updates, and increased rents across the board through proper management and communication with residents. Maple Terrace is a 16 unit property with 12 two bedroom units and 4 one bedroom units. The property is ready for the next phase of the value add. Spacious floor plans, and updated exteriors make this property prime for interior updates and the addition of some property amenities that will allow you to capture higher market rent and retain residents longer for better cash flows. May be sold separately or as part of a portfolio with two other 16 unit buildings--one in Payette, and one in Boise--subject to prior sale.
Directions: from HWY 95, West on E Commercial Street, N on W 3rd, E on W Idaho to address
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0BEDS
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0.27ACRES
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0BATHS
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01/2 BATHS
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18,260SQFT
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$0$/SQFT
School Information
Courtesy of Kw Commercial.Description
Excellent mid-stream value add opportunity. Sellers have completed the initial phase of renovations which includes new roofs on both buildings, new vinyl siding, multiple unit updates, and increased rents across the board through proper management and communication with residents. Maple Terrace is a 16 unit property with 12 two bedroom units and 4 one bedroom units. The property is ready for the next phase of the value add. Spacious floor plans, and updated exteriors make this property prime for interior updates and the addition of some property amenities that will allow you to capture higher market rent and retain residents longer for better cash flows. May be sold separately or as part of a portfolio with two other 16 unit buildings--one in Payette, and one in Boise--subject to prior sale.
Directions: from HWY 95, West on E Commercial Street, N on W 3rd, E on W Idaho to address
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