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Mallard Campus Home/Office Apartments 509-523 Rose St N 32 Unit Apartment Building $8,000,000 ($250,000/Unit) Twin Falls, ID 83301
Executive Summary
Multifamily Investment opportunity with strong rental history and consistent occupancy with good cash flow. 5% cap rate with management in place. Well maintained facility, located in a strong community with the College of Southern Idaho and over 55,000 population within the City Limits of Twin Falls.
Property Facts
| Price | $8,000,000 | Building Class | B |
| Price Per Unit | $250,000 | Lot Size | 2.01 AC |
| Sale Type | Investment | Building Size | 37,344 SF |
| No. Units | 32 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2022 |
| Apartment Style | Garden | Parking Ratio | 1.82/1,000 SF |
| Zoning | R4 - Residential | ||
| Price | $8,000,000 |
| Price Per Unit | $250,000 |
| Sale Type | Investment |
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 2.01 AC |
| Building Size | 37,344 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2022 |
| Parking Ratio | 1.82/1,000 SF |
| Zoning | R4 - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Washer/Dryer
- Hardwood Floors
- High Speed Internet Access
- Wi-Fi
- Office
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 32 | - | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | RPT0801000002CA | Improvements Assessment | $340,229 |
| Land Assessment | $69,843 | Total Assessment | $410,072 |
Property Taxes
Parcel Number
RPT0801000002CA
Land Assessment
$69,843
Improvements Assessment
$340,229
Total Assessment
$410,072
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Mallard Campus Home/Office Apartments | 509-523 Rose St N
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