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Leonards Apartments 310 E Center St 44 Unit Apartment Building $1,890,000 ($42,955/Unit) 6.30% Cap Rate Pocatello, ID 83201

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INVESTMENT HIGHLIGHTS

  • Additonal off street parking for residents
  • Ground Floor Commercial
  • Retail Adjacent

EXECUTIVE SUMMARY

A piece of history in Pocatello. This property has been undergoing a renovation over the last few years. Brand new roof, heating systems have been renovated or replaced in the last 5 years, lots of paint, flooring, window, electrical systems, new fire alarm system. 6 ground floor commercial suites including a restaurant. 42 apartments on the upper level. 30,984 SF above grade and a 16,092 SF basement yet to be developed. Also an additional lot for off-street parking.

PROPERTY FACTS

Price $1,890,000
Price Per Unit $42,955
Sale Type Investment
Cap Rate 6.30%
No. Units 44
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.34 AC
Building Size 28,492 SF
No. Stories 2
Year Built/Renovated 1915/2022

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Wi-Fi

SITE AMENITIES

  • 24 Hour Access
  • Property Manager on Site
  • Wi-Fi
  • Maintenance on site
  • Online Services

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 44 - -
Walk Score®
Very Walkable (82)
Bike Score®
Very Bikeable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
RPPOC224400
Land Assessment
$133,770
Improvements Assessment
$1,051,410
Total Assessment
$1,185,180
  • Listing ID: 36924929

  • Date on Market: 11/13/2023

  • Last Updated:

  • Address: 310 E Center St, Pocatello, ID 83201

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