Courtesy of Gregory Davis, KW Commercial 

2251 S Pond Street

Boise, ID, 83705

$4,200,000

$287 per ft²
$4,200,000
$287 per ft²
Active
Active
 - For Sale
carpenters-square
14,592 ft²
property_type
Multi-family
calendar
Built 1974
The Pond Street Apartments have been lovingly updated over the past 5 years (all units). The updates also included new TPO roofs on each building, brand new asphalt parking lot, and some updated zero-scape in areas of the property as well as new fencing, and much more. Interior updates included paint, flooring, some HVAC updates, and remodeled kitchens and bathrooms. The newly rented units are renting at $1,425 per month and many that were leased near the beginning of the renovations are rented for less than $1,200 giving a buyer the opportunity to quickly raise rents on those that are under market as leases renew without requiring much additional investment from the buyer. This property is being offered as part of a portfolio or as a separate investment.
MLS® ID:
98850911
Listed:
7/11/22
Updated:
10/6/22
Group One | Sotheby's International Realty
Mogie Holm

Interior Features

Kitchen Appliances
Stove/Range (All Units), Refrigerator (All Units)
Total Bedrooms
0
Total Bathrooms
0
Cooling
Central Air
Heating
Forced Air

Exterior/Building Features

Lot Size
1.06 acres lot
Lot Details
1 - 4 99 Acres
Roof
Composition, Other

School Information

School District
Boise School District #1
High School
Borah
Middle/Jr High
South Boise Jr
Elementary School
Hillcrest

Other Property Details

Area Name
Boise Bench - 0400
Taxes
$21825.76
Tax Frequency
per YEAR
Garage
No
Parking
Finished Driveway
Parking Total
34.0
View
N
County
Ada
Water Source
City Service
Pool
No

 

Courtesy of KW Commercial, Gregory Davis,
Listing Contact:  

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Group One | Sotheby's International Realty
Mogie Holm
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