Property Search Details

2251 S Pond Street Boise, ID 83705

Directions

From I-84 N on Orchard, East on Targee, S on Pond to address

Price: $4,200,000
Beds:
Baths:
Garages:
Type: Apartment
Area: Boise Bench - 0400
Land Size: 1 - 4.99 Acres
SqFt: 14592
Acres: 1.06
Subdivision: 0 Not Applic.
Year Built: 1974
Construction: Frame, Stucco

Includes

Air Conditioned: true
Water: City Service
Heating: Forced Air

Schools

School District: Boise School District #1
Sr High School: Borah
Jr High School: South Boise Jr
Grade School: Hillcrest

Contact for more details:

A-Team Consultants
1099 S Wells St #200, Meridian, ID 83642
Phone: 208.761.1735   Email: info@ateamboise.com

Description

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.
Legal Description:
See legal description in associated documents
Listing info for this property courtesy of  KW Commercial  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.