1715 Center Ave, Payette, ID 83661

The Center Ave Apartments boasts spacious grounds and mature landscaping, this property provides residents with a "park-like" setting and a feel that can not be matched by new construction. Covered parking, and fenced ground floor patios make this a great place for residents. The Sellers have demonstrated that updated units demand in excess of $1,150 per month (three units currently at that rate). There is an opportunity for a buyer to bring the balance of the units up to the market. Seller has completed paint and flooring on most units in the past 18 months. A buyer could potentially increase rents even further by completing a more in depth remodel of kitchens and bathrooms and possibly adding mini-split HVAC. May be sold separately or as part of a portfolio with two other 16 unit properties for a total of 48 units (one in Weiser and one in Boise).