68 unit apartment building 3/4 of a mile from idaho state university, built in 1969..... But now newly remodeled, new paint, texture , carpet, flooring, replumbed to the walls fresh/waste systems, new appliances, the whole building has been worked over. Tenant profiles have been adjusted to achieve higher cash flow. Operation numbers need adjustment to account for floor by floor renovation/vacancy, principal renovations occurred at summer and winter break for school schedule, existing tenants were left in place, or offered move to renovated unit at existing rent +25, current maintenance operating budget is overstated to accommodate over lap of renovation/repair. great opportunity for existing unit owner to move up and move out at the same time
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Contact Info
Agent: Mark Sibus
Home Hunter, Inc.
P (909) 595-4453
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$3,100,000
2271 South 5th Avenue
Pocatello, ID 83201
Multi-Family Home
Year Built: 1969
ID#: H09089027-MRMLS
This home has one or more features that promote green living through energy and water conservation, or the use of renewable or recycled building materials. Click here for examples of green home features to look for when house hunting.
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*Based on zipcode 83201
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