5405 E Grove AVE, Athol, ID 83801

$2,650,000 Active MLS® 26-5443 Commercial
ActiveMLS® 26-5443
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5405 E Grove AVE, Athol, ID 83801 photo
Commercial
MLS® 26-5443
$2,650,000
5405 E Grove AVE, Athol, ID 83801
0 Baths 1.86 Acres 12,000 Sq.Ft. Built 2000
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.

Interior features
  • Additional features Barn(s), Shed(s)
  • Air conditioning true
  • Basement description Crawl Space
  • Outbuildings Barn(s), Shed(s)
  • Fence Back Yard
  • Lot dimension 1.86
  • Lot description Landscaped, Level, Southern Exposure
Exterior features
  • View City
  • Outbuildings Barn(s), Shed(s)
  • Fence Back Yard
  • Lot dimension 1.86
  • Lot description Landscaped, Level, Southern Exposure
  • Foundation Pillar/Post/Pier, Treated Wood, Block, Metal
  • Exterior Lawn
  • Roofing materials Composition, Rubber

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