5405 E Grove Ave, Athol, ID 83801
sale
$2,650,000
|
Other
Courtesy Of Real Broker LLC
Rare opportunity to acquire a 9 home workforce housing community situated on approximately 2.23 acres in Athol, Idaho. Unlike many traditional mobile home parks, ownership includes all 9 rental homes and 11 city lots. Property consists of 6 singlewide homes and 3 doublewide homes, all separately metered with tenants paying their own utilities, lawn care, and snow removal, helping keep operating expenses low. Each home includes a fenced yard and storage shed, creating more of a neighborhood feel than a typical park. Current gross rents total $15,000/month and the property is currently 100% occupied w/ established management in place and available to the next owner. Ownership has extensively updated the units over time, addressing deferred maintenance and improving overall condition. Includes 2 additional developable lots, offering future upside through expansion or resale. Financials available upon request. Please do not disturb tenants.
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Property Features
- Age: 21-30 Years Old
- Amenities: Basement
- Amenities: Lawn
- Architecture Style: Other
- Cooling System: Central Air
- Exterior Type: T1-11
- Exterior Type: Aluminum Siding
- Heating System: Electric (Heating)
- Heating System: Baseboard
- Heating System: Forced Air
- Heating System: Other (Heating)
- Heating System: Natural Gas
- Legal Description: BENNETTS 2ND ADD TO ATHOL, LTS 1,2,3,4,5,6 & 7 BLK 6 AND LTS 1,2,3,4 BLK 5
- MLSID: 26-5443
- Roof Type: Composition
- Roof Type: Rubber
- View Type: City
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