$2,150,000
bedrooms
0
bathrooms
0
square feet
13,420
Acreage
-
Open Houses
-
year built
1970
Full Baths
0
Half Baths
0
7% cap rate on current rents and rents are still being raised to market. Almost the entire property was renovated in 2022 through 2023. Unit mix consists of 18 units with one bath per unit: 2 Studio units; 4 one bed units; 12 two bed units. New landscaping was added in 2022 with automatic irrigation and sprinklers. A new roof membrane was installed by Lassiter roofing in 2022. The exterior was painted in 2022. 90% of the windows were replaced in 2022. Laundry room was updated and includes two washers and two dryers. A fence was added on the west and North side of the property in 2022. Lots of room to keep raising rents over the next couple of years as Ontario is very tight in the housing market and there are very few rentals available in the area. The property is managed by Century 21. Listing broker is related to the seller.
Location | |
Subdivision | 0 Not Applic. |
County | Malheur |
Elementary School | Ontario |
Middle School | Ontario Jr High |
High School | Ontario |
Open houses
None scheduled.
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 98921892
Listing agent:
Jared Stasch
Listing broker:
Keller Williams Realty Boise
(208) 672-9000
Copyright © 2025 Intermountain Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Wednesday, January 15 2025 at 1:41 a.m. EST
Kotohomes National