5405 Grove, Athol, ID 83801
- $2,650,000
- 12,000
- SqFt
- List Price
- $2,650,000
- Status
- ACTIVE
- MLS#
- 26-5443
- Style
- Single Level
- Year Built
- 2000
- Acres
- 1.86
- Living Area
- 12,000
- Region
- 05 - NW Kootenai Co
- Subdivision
- N/A
- Type
- Commercial
Property Description
Rare opportunity to acquire a 9 home workforce housing community situated on approximately 2.23 acres in Athol, Idaho. Unlike many traditional mobile home parks, ownership includes all 9 rental homes and 11 city lots. Property consists of 6 singlewide homes and 3 doublewide homes, all separately metered with tenants paying their own utilities, lawn care, and snow removal, helping keep operating expenses low. Each home includes a fenced yard and storage shed, creating more of a neighborhood feel than a typical park. Current gross rents total $15,000/month and the property is currently 100% occupied w/ established management in place and available to the next owner. Ownership has extensively updated the units over time, addressing deferred maintenance and improving overall condition. Includes 2 additional developable lots, offering future upside through expansion or resale. Financials available upon request. Please do not disturb tenants.
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Additional Information
- Taxes
- $10,252
- Lot Features
- Landscaped, Level, Southern Exposure
- Interior Features
- High Speed Internet
- Basement
- Crawl Space
- Heating
- Forced Air, Baseboard, Stove - Gas, Other, Furnace, Electric, Natural Gas
- Exterior Features
- Lawn
- Exterior
- Exterior
- Water
- Public
- Sewer
- Septic Tank
Mortgage Calculator
Listing courtesy of REAL BROKER LLC.