2251 Pond Street
Boise,
ID
83705
Property Details
List Price: |
$3,125,000 |
Beds: |
-- |
Baths: |
-- |
Status: |
Pending |
SqFt: |
14592 |
Agency: |
Keller Williams Realty Boise |
Description/Comments
Lot Size: |
1 acre(s) |
Property Type: |
MultiFamily |
Year Built: |
1974 |
Notes: |
The Pond Street Apartments have been lovingly updated over the past 5 years (all units). The updates also included new TPO roofs on each building, new asphalt parking lot, and some updated zero-scape in areas of the property as well as new fencing, and much more. Interior updates included paint, flooring, some HVAC updates, and remodeled kitchens and bathrooms. Many units are renting at $1,600+ per month and many that were leased near the beginning of the renovations are rented for less than $1,200 giving a buyer the opportunity to quickly raise rents on those that are under market as leases renew without requiring much additional investment from the buyer. Buyer may implement a RUBS charge to further increase income and recoup utility cost for water, sewer, and trash. |
MlsNumber: |
98902895 |
Estimate Your Monthly Payment
Listing Provided By: |
Keller Williams Realty Boise, original listing |
Name: |
Keller Williams Realty Boise |
Phone: |
(208) 672-9000 |
Office Name: |
KW Commercial |
Office Phone: |
(208) 475-1313 |
Agent Name: |
Gregory Davis |
Disclaimer: |
Copyright © 2024 Intermountain Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |