2100 E 42nd Street South

    Mountain Home, ID 83647
    • $725,000
    • STATUS: Active
    • ON SITE: 11 days
    • MLS #: 98713982
    $725,000
    • 0
      BEDS
    • 10.95
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,999
      SQFT
    • $73
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1970
    County:

    School Ratings & Info

    Description

    Great investment property for the investor looking for a new opportunity. Has great cash flow, with upside. Currently running a 8.6% cap rate. The park is situated on approx 11 acres with a quiet country setting and features 3 permanent structures. There is a retail store with a commercial lease, but most are residential tenants that are long term and well established . Possible room for expansion. Seller financing possible with minimum 30% down. Additional financing terms are negotiable.

    Directions: Go W from Walmart, turn S on 18th East St. Go 4 miles & turn East on 42nd St

    Monthly Payment Calculator



    © 2018 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Five Doors Network | Keller Williams Realty Boise are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2018-12-16T00:10:20.853.
    idaho.fivedoorsrealestate.com/homes/89839246

    2100 E 42nd Street South Mountain Home, ID 83647

    • Price: $725,000
    • Status: Active
    • MLS #: 98713982
    0
    Beds
    0
    Baths
    0
    ½ Baths
    10.95
    Acres
    9,999
    SQFT
    $73
    $/SQFT
    1970
    Built
    Neighborhood:
    Mtn Home-Elmore - 1500
    County:
    Elmore
    Area:
    Mtn Home-Elmore - 1500
    Property Description
    Great investment property for the investor looking for a new opportunity. Has great cash flow, with upside. Currently running a 8.6% cap rate. The park is situated on approx 11 acres with a quiet country setting and features 3 permanent structures. There is a retail store with a commercial lease, but most are residential tenants that are long term and well established . Possible room for expansion. Seller financing possible with minimum 30% down. Additional financing terms are negotiable.

    Directions: Go W from Walmart, turn S on 18th East St. Go 4 miles & turn East on 42nd St
    Exterior Features

    Construction BrickFrameManufactured Home Land Size 10 - 19.9 Acres Parking 51 - 100 Spaces Roof Composition Shingle

    Interior Features

    Cooling Evaporative Floor Construction Concrete Heating ElectricForced AirGasBaseboard Spaces 38 Structure Trailer Parking Units Spaces1 1 Units Spaces2 1 Units Spaces3 1 Units Spaces4 1 Units Spaces5 1

    Property Features

    Age 31 - 50 Years Average Occupancy Percent 99 Cap Rate Percent 8.6 Commercial Type Multi-Family Cross Street 18th & Hamilton Road Docs On File LeaseSurvey/PlatProperty DisclosureLengthy Legal Description Existing Yes Financial Year 2018 Gas Available YN Yes Gross Operating Income 99936 Hazard Insurance Exp 3914 Highlight1 10+ Acres Highlight2 35 Mobile Home Spaces5 Rv & 1 Apt + House +Store Highlight3 1 Commercial Retail Building (With Operator Lease) Highlight4 Quiet & Established Setting- No Ccrs In Foreclosure YN No Income Expense Info Actual Investment Property Yes Maintenance Exp 5603 Manager Exp 6453 Net Operating Income 62068 Other Exp 5655 Potential Short Sale YN No Power Other Price Rate Type Price Prop On Ground Lease YN No Property Name Hamilton Place Mobile Home Park Real Estate Included Yes Reo Bank Owned YN No Sale Lease For Sale Sewer Holding TankSeptic Sublease YN No Suitable For Land Multifamily Suitable For Retail Free Standing BuildingStreet Retail Tenancy Multiple Terms CashExchangeOwner Will Carry Total Annual Oper Exp 37868 Usmi Description1 El Toro Market(Park Owned) #7 Park Owned Usmi Description2 House Lease (Park Owned) #2 Park Owned Usmi Description3 Unit 9 (Park Owned) Usmi Description4 Unit 14 (Park Owned) Usmi Description5 Unit 19 (Park Owned) Utility Exp 12071 Water Individual Well

    Listing Courtesy of Woodhouse Group.


    © 2018 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Five Doors Network | Keller Williams Realty Boise are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2018-12-16T00:10:20.853.
     
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