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2073 N Woodford Ave - 2057-2073 N Woodford Avenue 8 Unit Apartment Building Offered at $1,724,900 at a 4.60% Cap Rate Meridian, ID 83646
Investment Highlights
- No HOA
- Strong occupancy
- Desirable layout with all bedrooms upstairs
Executive Summary
Two fourplexes side by side at entrance of Bridgewood Park. Exceptional value with NO HOA! Buyer can keep management that has been there for decades, self-manage, or use their own trusted manager. Well maintained townhome units featuring 2 bdrms, 1 bath, all appliances, & covered parking for each unit. Desirable layout with all bdrms upstairs & no neighbors above or below, ideal for tenant privacy and long-term retention. Proven, consistent rental history with strong occupancy. See the rent roll which includes the long list of capital replacements already completed to include new roof in 2020. Centrally located in NW Meridian with easy access to everything making this a stable and attractive investment opportunity.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Kitchen
- Refrigerator
- Sprinkler System
- Range
- Carpet
- Lawn
- Vinyl Flooring
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 8 | $1,345 | - |
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Minimal public transit
10/100
Fairly bikeable
50/100
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2073 N Woodford Ave - 2057-2073 N Woodford Avenue
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