5405 Grove, Athol, ID 83801

$2,650,000
12,000
SqFt

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Listing courtesy of REAL BROKER LLC.

List Price
$2,650,000
Status
ACTIVE
MLS#
26-5443
Days on Market
61
Finished SqFt
12,000

Property Description

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.

Additional Information

Community
N/A
Style
Single Level
Year Built
2000
View
City
Exterior
Exterior
Roof
Composition, Rubber
Potential Terms
Terms Considered
Interior Features
High Speed Internet

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Calculator source: Real Geeks