Excellent mid-stream value add opportunity. Sellers have completed the initial phase of renovations which includes new roofs on both buildings, new vinyl siding, multiple unit updates, and increased rents across the board through proper management and communication with residents. Maple Terrace is a 16 unit property with 12 two bedroom units and 4 one bedroom units. The property is ready for the next phase of the value add. Spacious floor plans, and updated exteriors make this property prime for interior updates and the addition of some property amenities that will allow you to capture higher market rent and retain residents longer for better cash flows. May be sold separately or as part of a portfolio with two other 16 unit buildings--one in Payette, and one in Boise--subject to prior sale.
Sold
Zestimate®
$1,893,300
160 W Idaho St, Weiser, ID 83672
--beds
--baths
18,260sqft
Apartment, Multi Family
Built in 1996
-- sqft lot
$1,893,300 Zestimate®
$104/sqft
$1,135 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: February 21, 2025 at 08:36pm
Listed by:
Gregory Davis 208-739-3175,
KW Commercial
Bought with:
Gregory Davis
KW Commercial
Source: IMLS,MLS#: 98850906
Facts & features
Interior
Heating
- Forced Air
Cooling
- Central Air, All Units
Appliances
- Included: Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (No Units)
- Laundry: Washer/Dryer Hookups (No Units)
Features
- Has basement: No
Interior area
- Total structure area: 18,260
- Total interior livable area: 18,260 sqft
Property
Parking
- Total spaces: 24
- Parking features: Carport, Driveway
- Has carport: Yes
- Has uncovered spaces: Yes
Lot
- Size: 0.27 Acres
- Features: 10000SF - .49, Sidewalks
Details
- Parcel number: RPW2650020016A
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment, Multi Family
Materials
- Frame, Vinyl Siding
- Roof: Composition
Condition
- Year built: 1996
Utilities & green energy
- Water: Public
- Utilities for property: Sewer Connected
Community & neighborhood
Location
- Region: Weiser
Other
Other facts
- Listing terms: Cash,Conventional,1031 Exchange,Other
- Ownership: Fee Simple