$1,625,000 Price Analysis    ♡   Caldwell, ID 83605 8 bed 8 bath 8,782 SqFt ($185/SqFt) 0.41 acre lot. Built 1937 Listed 2024-04-13 | Ⓧ USDA Ineligible due to price & location near Caldwell |
Historic downtown Caldwll Apartment building built by JR Simplot for his Caldwell operation managers back in the day.
This property has been continuously updated and meticulously cared for and managed for 20+ years by current ownership.
9 units, 100% occupancy. Stable long term tenants. Convenient dow ntown Caldwell location. Easy freeway access. Units separately metered.
Presented by Ron Ramza at
Cornerstone Commercial Real Estate, Llc.
Property MLS #98906701 from IntermountainMLS
Bedrooms: 8
Total Bathrooms: 8
Full Bathrooms: 8
Full Bathrooms: 8
Disposal (All Units)
Stove/Range (All Units)
Refrigerator (All Units)
Washer/Dryer (All Units)
Laundry Features: Washer/Dryer Hookups (All Units)
Stove/Range (All Units)
Refrigerator (All Units)
Washer/Dryer (All Units)
Laundry Features: Washer/Dryer Hookups (All Units)
Cooling Features: Wall/Window Unit(s), Ductless/Mini Split
Heating Features: Ductless/Mini Split
Heating: Yes
Heating Features: Ductless/Mini Split
Heating: Yes
Flooring: Laminate
Basement Description: Daylight
Lot Description: 10000SF - .49, Irrigation
Lot Size Acres: 0.41
Lot Size Dimensions: 147x121
Lot Size Square Feet: 17860
Lot Size Acres: 0.41
Lot Size Dimensions: 147x121
Lot Size Square Feet: 17860
Parking Features: Detached
Parking Total: 14
Parking Total: 14
Association: Yes
Calculated Total Monthly Association Fees: 0
Calculated Total Monthly Association Fees: 0
Elementary School: Lincoln
Elementary School District: Caldwell School District #132
High School: Canyon Springs
High School District: Caldwell School District #132
Middle School: Jefferson
Middle or Junior School District: Caldwell School District #132
Elementary School District: Caldwell School District #132
High School: Canyon Springs
High School District: Caldwell School District #132
Middle School: Jefferson
Middle or Junior School District: Caldwell School District #132
Lincoln Elementary School is a public elementary school located approximately 0.4 miles away.
Map directions
Map directionsJefferson Middle School is a public middle school located approximately 1.5 miles away.
Map directions
Map directionsCaldwell Senior High School is a public high school located approximately 1.6 miles away.
Map directions
Map directionsNew Horizon is a private middle and high school located approximately 0.8 miles away.
Map directions
Map directionsNumber of Units: 9
Annual Tax Amount: 9132
Source Listing Status: Active
County: Canyon
Current Use: 5+ Units
Cap Rate: 5.5
Directions: I 84 to South N 10th avenue to E Arthur Street tp South on South 13th. Property on East side of 13th and Blaine.
Tax Year: 2023
Ownership: Fee Simple
Source Property Type: Residential Income
Source Neighborhood: DormanS Add
Parcel Number: r0122900000
Subdivision: DormanS Add
Zoning Description: City Caldwell Low Den Res
Property Subtype: Apartment
Source System Name: C2C
Source Listing Status: Active
County: Canyon
Current Use: 5+ Units
Cap Rate: 5.5
Directions: I 84 to South N 10th avenue to E Arthur Street tp South on South 13th. Property on East side of 13th and Blaine.
Tax Year: 2023
Ownership: Fee Simple
Source Property Type: Residential Income
Source Neighborhood: DormanS Add
Parcel Number: r0122900000
Subdivision: DormanS Add
Zoning Description: City Caldwell Low Den Res
Property Subtype: Apartment
Source System Name: C2C
Listed 2024-04-13
$1,625,000
IntermountainMLS
$1,625,000
IntermountainMLS
Net Operating Income: 89037
Operating Expense: 18363
Operating Expense: 18363
Total Square Feet Living: 8782
Year Built: 1937
Above Grade Finished Area Units: Square Feet
Below Grade Sqft Area Units: Square Feet
Building Area Total: 8782
Construction Materials: Frame
Living Area Units: Square Feet
Property Age: 87
Roof: Composition
Year Built: 1937
Above Grade Finished Area Units: Square Feet
Below Grade Sqft Area Units: Square Feet
Building Area Total: 8782
Construction Materials: Frame
Living Area Units: Square Feet
Property Age: 87
Roof: Composition
Electric: Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter, Unit 5 Separate Meter, Unit 6 Separate Meter, Unit 7 Separate Meter, Unit 8 Separate Meter
Sewer Connected
Cable Connected
Water Source: City Service
Sewer Connected
Cable Connected
Water Source: City Service
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.