2271 South 5th Avenue, Pocatello, ID 83201

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2271 South 5th Avenue Pocatello, ID 83201

Description

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

Interior Details

  • Flooring
    Carpeted, Vinyl
  • Window Treatments
    Blinds

Exterior Details

  • Lot Description
    Mountain View
  • Construction
    Stucco, Asphalt Roof, Composition Roof, Shingle Roof
  • Parking
    Parking Space (80)

Additional Details

Smoke Detector

Utilites

  • Heating
    Radiant Heat
  • Water
    City

Contact Info

Agent: Mark Sibus

Home Hunter, Inc.

P (909) 595-4453

Easy Link To This Page

$3,100,000

2271 South 5th Avenue
Pocatello, ID 83201

Multi-Family Home

Year Built: 1969

ID#: H09089027-MRMLS

Green Features

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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Real Estate Market Info

Median Home Sale Price
$148,827
Annual Turnover Rate
22.8%
In current residence 5+ years
39.27%
Median years in residence
3.36
Homes Owned
61.83%
Homes Rented
34.89%
Homes Vacant
3.28%

*Based on zipcode 83201

Market Info is provided by Onboard Informatics.
Copyright © 2009 Onboard Informatics.
Information is deemed reliable but not guaranteed.

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