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6476 Kootenai St 5 Unit Apartment Building $525,000 ($105,000/Unit) 8.20% Cap Rate Bonners Ferry, ID 83805
Executive Summary
5-Unit Multi-Family Building
Newly remodeled, fully leased, 5-plex in downtown Bonners Ferry. Three of the five units have been remodeled. Four of the 5 units have recently had rents raised to near market value, with some room for increases. The property sits just a short walk to downtown stores and the Kootenai river.
Newly remodeled, fully leased, 5-plex in downtown Bonners Ferry. Three of the five units have been remodeled. Four of the 5 units have recently had rents raised to near market value, with some room for increases. The property sits just a short walk to downtown stores and the Kootenai river.
Property Facts
| Price | $525,000 | Apartment Style | Low-Rise |
| Price Per Unit | $105,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.12 AC |
| Cap Rate | 8.20% | Building Size | 2,500 SF |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1914/2020 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | Residential | ||
| Price | $525,000 |
| Price Per Unit | $105,000 |
| Sale Type | Investment |
| Cap Rate | 8.20% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 2,500 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1914/2020 |
| Opportunity Zone |
Yes |
| Zoning | Residential |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | - | 673 |
1 1
Property Taxes
| Parcel Number | B0880003003B | Improvements Assessment | $363,310 |
| Land Assessment | $45,510 | Total Assessment | $408,820 |
Property Taxes
Parcel Number
B0880003003B
Land Assessment
$45,510
Improvements Assessment
$363,310
Total Assessment
$408,820
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6476 Kootenai St
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