Here's a story about a fourplex in Boise...

Frankly, I thought this Boise fourplex would be gone by now. We have seen a frenzy of activity lately in the Boise ID fourplex investment market but it has died down a tad which may create an opportunity for you.

This is a fully leased fourplex (built in 2004) in central Boise close to St. Alphonsus Regional Medical Center and Boise Towne Square Mall, two major employers in our area. All the units are 3 bedroom with 2 baths at over 1100 sf. Very desirable for families or multiple roommates.

The asking price is $325,000. It was in contract at an over-asking price but has been back on the market for over 2 weeks which is unusual. That's why I think there may be an opportunity for you to purchase at $310,000 or $315,00 potentially. That gives you a 6%+ cap rate and up to a 7%+ cash on cash return. If you are interest in a proforma, please click on the link below or call me at 208 939 9033.

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Like NEW FULLY LEASED Fourplex - Asking $325,000

Minutes from DOWNTOWN Boise ID

Close to Shopping, St. Alphonsus, the Boise Mall, etc.

3 Bedroom and 2 Bath Units

4428 SF, Built in 2004

If you are interested in this property please... 

Click here to download listing info, map, proforma and CMA

CLICK HERE FOR GOOGLE MAP

Or Call 208 939 9033 for more info 

Listing courtesy of Wendy Works Realty

The Iron Eagle Realty Team's mission is to assist you, our client, in the sale and acquisition of real estate properties in the state of Idaho, specifically the Boise Idaho Real Estate Market. Whether you are buying or selling a home, whether it is a foreclosure, short sale or equity property, we handle our customers and clients with empathy and honest truths so they can make informed decisions as they advance in the process of buying and selling real estate that meet specific needs.

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Regards, Michael Hon, REALTOR®CEO, The Iron Eagle Realty Team
Associate Broker, Silvercreek Realty Group
Certified Short Sale Specialist®
Investment Property Consultant
Direct: 208.919.0458 Office: 208.939.9033 Fax: 208.514.1422
www.IronEagleRE.com Michael.Hon@IronEagleRE.com