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6654 Stephens

13 Unit Apartment Building $1,149,000 ($88,385/Unit) Bonners Ferry, ID 83805

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Executive Summary

Investor opportunity, 12 unit apartment complex with updated interiors. This unit is located in Bonners Ferry and has great occupancy history with an incredible NOI. Very well maintained and almost completely occupied currently. The four upstairs units have all be recently converted (permitted work) from one bedrooms to two bedrooms. Grow your investment portfolio with this awesome opportunity.

MLS Preview

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	$1,149,000	Lot Size	0.42 AC
Price Per Unit	$88,385	Building Size	6,135 SF
Sale Type	Investment	Average Occupancy	100%
No. Units	13	No. Stories	2
Property Type	Multifamily	Year Built	1999
Property Subtype	Apartment	Parking Ratio	1.96/1,000 SF
Apartment Style	Low Rise	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Class	C

Price	$1,149,000
Price Per Unit	$88,385
Sale Type	Investment
No. Units	13
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Low Rise
Building Class	C
Lot Size	0.42 AC
Building Size	6,135 SF
Average Occupancy	100%
No. Stories	2
Year Built	1999
Parking Ratio	1.96/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.