TBD River Bend Lane Weiser, ID 83672
Price: $310,500
Beds:
Baths: 0
Garages:
Type:
Area: Weiser - 1850
Land Size: Standard Lot 6000-9999 SF
SqFt: 7200
Acres: 0.2
Year Built: 2000
Construction: Concrete, Frame, Metal Siding
Includes
Air Conditioned: true
Water: Shared Well
Contact for more details:
A-Team Consultants
1099 S Wells St #200, Meridian, ID 83642
Phone: 208.761.1735 Email: info@ateamboise.com
1099 S Wells St #200, Meridian, ID 83642
Phone: 208.761.1735 Email: info@ateamboise.com
Description
Turnkey 7,200 SF warehouse in Weiser???fully leased with upside. Buy for $310,500 with just $60K down. Seller wraps $225,800 at 4.35% (30-yr P&I) $1,071/mo and carries $24,700 at 4% interest-only $82/mo; total debt service $1,153/mo. Current rent $2,050/mo; back unit bumps to $1,100/mo for $2,250 total. ??? Expense reserve: $246/mo current, $270/mo stabilized ??? Current NOI: $1,804/mo ? $21,648/yr ? cash flow $651/mo | $7,812/yr = 13% CoC ??? Stabilized NOI: $1,980/mo ? $23,760/yr ? cash flow $827/mo | $9,924/yr = 16.5% CoC Clear-span, low-maintenance asset, no showings until accepted offer. Seller financing preserves capital and delivers day-one cash flow with room to grow???ideal long-term hold or owner-user play. Clean deal, strong terms, ready to close.
Legal Description:
Exhibit A
Exhibit A
| Listing info for this property courtesy of Homes of Idaho Information deemed reliable but not guaranteed. Buyer to verify all information. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s), shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. |