Language and Region
Currency

This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.

Email*

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Send me a copy

914 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

23 Shooting Star Dr - 23,29,39, 45,59,65 Shooting Star Townhomes

6 Unit Apartment Building Offered at $2,175,000 at a 5% Cap Rate in Priest River, ID 83856

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

Each unit fully fenced
Sprinklers Front & Back Yard

Central A/C
Quartz Countertops

Executive Summary

''OUTSTANDING INVESTMENT OPPORTUNITY'' Six like new town homes/duplexes built in 2021 located in a new subdivision in beautiful Priest River. It's the perfect property for multi family housing. Project is being offered as a six-unit package at over a 5% cap rate.

River View ridge plat

Rent Roll

River View Ridge CCRs

Shooting Star Dr Flyer

Financial Summary (Actual - 2023) Click Here to Access	Annual	Annual Per SF
Gross Rental Income	$99,999	$9.99
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$99,999	$9.99
Net Operating Income	-	-

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual	$99,999
Annual Per SF	$9.99

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	$99,999
Annual Per SF	$9.99

Net Operating Income
Annual	-
Annual Per SF	-

Property Facts

Price	$2,175,000	Apartment Style	Townhome
Price Per Unit	$362,500	Lot Size	0.83 AC
Sale Type	Investment	Building Size	8,130 SF
Cap Rate	5%	Average Occupancy	100%
Sale Conditions	1031 Exchange Bulk/Portfolio Sale	No. Stories	2
No. Units	6	Year Built	2021
Property Type	Multifamily Multifamily Apartments	Parking Ratio	0.25/1,000 SF

Price	$2,175,000
Price Per Unit	$362,500
Sale Type	Investment
Cap Rate	5%
Sale Conditions	1031 Exchange Bulk/Portfolio Sale
No. Units	6
Property Type	Multifamily Multifamily Apartments
Apartment Style	Townhome
Lot Size	0.83 AC
Building Size	8,130 SF
Average Occupancy	100%
No. Stories	2
Year Built	2021
Parking Ratio	0.25/1,000 SF