Great investment opportunity. Professionally managed four plex units in a quiet location and close to Tie Breaker Elementary. Entire site is fenced and tenants have covered parking spaces. Each unit is approximately 1,056 sf with 2 bed one bath. There is a maintenance garage for the manger or maintenance crew.
Each building has 4 units in the lower and 4 units in the upper for a total of eight units per building. One bedroom and one bath apartments that are 620 sf with electric heat in the units. Located close to Paramount Theaters, Grand Teton Mall, Arby's, Fiesta Ole, and other eating establishments. Each unit comes with a private covered parking garage.
Four-plex building for sale, great investment opportunity for someone wanting to get into residential income properties. 9 more buildings in the area might be for sale.
Willowtree Apartments is a 40-unit subsidized apartment complex located in Idaho Falls, ID. The property was constructed in 1979 and consists of eight one-bedroom units, 24 two bedroom units and eight three-bedroom units, in five two story buildings, with eight units per building. Willowtree Apartments is a low-income family project which utilizes two subsidized rent programs. The eight one-bedroom units and four of the three-bedroom units are covered by a Rental Assistance contract with Rural Development (RD), an agency of the U.S. Department of Agriculture, which is automatically renewed every five years. The 24 two-bedroom and four three-bedroom units are covered under a Section 8 (HAP) contract with HUD, which has been continuously renewed by HUD since 1980.