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Listing Details

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School Ratings & Info

Courtesy of Boise Premier Real Estate.

Description

Amazing establsihed business oppurtunity and property ownership. Located in a central area of Boise, right on a city bus route, perfect for tenants! This assisted living business is at 100% occupancy with tenants paying ($690 each + medicaid/month). Keep the current business going or create your own residential income property. The CAP rate (8.67%) is based upon current business structure and does not reflect present rental potential. Home and property are in great condition, ready for new ownership!

Directions: From Fairview, North on Maple Grove.

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© 2021 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Team One Group Real Estate 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 2021-09-21T00:10:27.077.
www.myteamone.com/homes/120638139
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2525 N Maple Grove Rd. Boise, ID 83704

  • Price: $650,000
  • Status: Active
  • MLS #: 98815797
0
Beds
0
Baths
0
½ Baths
0.27
Acres
2,274
SQFT
$286
$/SQFT
1965
Built
Neighborhood:
Boise West - 0600
County:
Ada
Area:
Boise West - 0600
Property Description
Amazing establsihed business oppurtunity and property ownership. Located in a central area of Boise, right on a city bus route, perfect for tenants! This assisted living business is at 100% occupancy with tenants paying ($690 each + medicaid/month). Keep the current business going or create your own residential income property. The CAP rate (8.67%) is based upon current business structure and does not reflect present rental potential. Home and property are in great condition, ready for new ownership!

Directions: From Fairview, North on Maple Grove.
Exterior Features

Construction BrickConcrete Fenced Full Land Size 10000 Sf - .49 Acre Lot Size Length 118 Lot Size Width 78 Parking 1 - 5 Spaces Parking Spaces 5 Roof Composition Shingle

Interior Features

Beds 8 Cooling Central AirWindow/Wall Unit Floor Construction WoodOther Heating Forced AirGasWood Rbi Beds1 2 Rbi Beds2 2 Rbi Beds3 2 Rbi Beds4 1 Rbi Beds5 1 Spaces 8 Structure Fire AlarmFire SprinklersHandicap AccessLawn SprinklersOn City Bus RoutePaved Outside AreaCranesFenced YardGas/PropaneLighting

Property Features

Age 51 - 80 Years Building Class B Cap Rate Percent 8.67 Commercial Type Commercial Docs On File Property DisclosureLead Based Paint Discl Existing Yes Financial Year 2020 Gas Available YN Yes Gross Operating Income 225656 In Foreclosure YN No Income Expense Info Actual Investment Property Yes Net Operating Income 56350 Occupancy Percent 100 Potential Short Sale YN No Power 110 Volt Price Rate Type Price Prop On Ground Lease YN No Property Name 2525 N Maple Grove Rbi Average Rates1 1380 Rbi Average Rates2 1380 Rbi Average Rates3 1380 Rbi Average Rates4 690 Rbi Average Rates5 690 Rbi Description1 16.5X13 Rbi Description2 20X10.5 Rbi Description3 12X14.5 Rbi Description4 12X9.5 Rbi Description5 12X13 Real Estate Included Yes Reo Bank Owned YN No Sale Lease For Sale Sewer Yes Connected Sublease YN No Suitable For Land ResidentialMultifamilyRetail Suitable For Multifamily Duplex/Triplex/Fourplex Suitable For Res Income Single Unit/Sfr-Condo Suitable For Retail Day Care Facility Suitable For Senior Housing Assisted Living ResCongregate Senior Housing Tenancy Multiple Terms CashConsider AllConventionalExchangeFed. Housing Admin. Total Annual Oper Exp 169306 Water City Service

Courtesy of Boise Premier Real Estate.


© 2021 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Team One Group Real Estate 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 2021-09-21T00:10:27.077.
 
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Team One Group Real Estate
1303 12th Avenue South
Nampa ID, 83651
Courtesy of Boise Premier Real Estate.