Well maintained well managed Boarding House with 8 SRO rooms. Shared kitchens and shared baths. Tenants are long term. Current management will stay in place with scope of duty and compensation to be negotiated upon acceptance of offer. Common areas are available for viewing. Accepted offer for individual rooms. This is a very unique concept but an incredible cash flow opportunity with a great cap rate, stability, and relative ease of management. Property has been well maintained. Great location with easy access for bus routes. ( majority of tenants do. not drive) This is a great investment for first time investors looking to get into the market.
Parking Features: Two Car, Attached, Finished Driveway
Total Parking Spaces: 4
Utilities
Cooling: Central Air
Electric: 2306
Water Source: City Service
Cooling Y N: Yes
Heating Yn: Yes
Utilities: Sewer Connected
Schools
Elementary School: Frontier
Junior High Dist: West Ada School District
High School: Centennial
Middle Or Junior School: LwlScottJr
Lot Info
Lot Features: 10000SF - .49, Irrigation
Parcel Number: R1526210045
Current Use: Single Family
Lot Size Sq Ft: 11325.6
Tax Info
Tax Year: 2024
Tax Annual Amount: 3165
Multi Family
Number Of Units Total: 8
Annual Gross Income: 67175
Annual Operating Expense: 15217
Total Actual Rent: 5970
Above Grade Finished Area Units: Square Feet
Map
Range of Values:
Collateral Analytics
Collateral Analytics
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ICE
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First American
First American
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Quantarium
Quantarium
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Average Value
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List Price
Sold Price
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Home Values in the Area
Source: Public Records
Average Home Value in this Area
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax Assessment
Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property.
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Carter Yocham :: Keller WilliamsAspire Realty Group
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