Great Investment Property! Located directly across the street from BYU-Idaho. Rented by bed. There are three shared rooms and two private rooms. Shared rooms rent for $325/bed/month. Private rooms rent for $375/bed/month. Eight beds in all. Total rent is $2700/month. 10% vacancy. Brings a 6.5% cap rate. This property is NOT approved housing with the University. Large two car garage and large storage shed. Property location is prime for eventual redevelopment. Could be remodeled to add rooms/units. Zoning is High density. Jump on this property before a developer levels it and puts up high rise apartments!
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
