Description
Great basis and going in cap rate on an updated 12-plex in Glenns Ferry, Idaho with newer windows, carpets, and appliances in units. All 1bd 1ba units with historic occupancy showing 100%, being on a 20-year HUD contract with 15 years left. HUD contract calls for a 3% rent increase annually. Low-maintenance tenant base with a recent government NSPIRE score of 99/100.
Directions: E from Mountain Home to Glenns Ferry
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12BEDS
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N/AACRES
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12BATHS
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01/2 BATHS
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6,000SQFT
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$119$/SQFT
School Information
Courtesy of 208 properties Realty Group.Description
Great basis and going in cap rate on an updated 12-plex in Glenns Ferry, Idaho with newer windows, carpets, and appliances in units. All 1bd 1ba units with historic occupancy showing 100%, being on a 20-year HUD contract with 15 years left. HUD contract calls for a 3% rent increase annually. Low-maintenance tenant base with a recent government NSPIRE score of 99/100.
Directions: E from Mountain Home to Glenns Ferry
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