Description
Effective CAP Rate 5.83%. Seller will pay up to $230,000 toward an interest rate buy down if the buyer is getting financing or will reduce the purchase price if the buyer is paying cash and doing a relatively quick close. At a purchase price of $3,299,000 with 25% down and a loan amount of $2,474,250 with a 30-year amortization and $230,000 toward an interest rate buy down, today we are estimating a reduction of 3% off the interest rate for a good period of time. Talk to your lender about how this will apply to you. Call or text for 3-D tour & P&L. Basically everything but the shell is new, and after your inspector gets through it, we think you will agree the quality and materials are better than others you've seen - and better than what you can buy new. AND - you own property in downtown Idaho Falls. Check out maps. It's a block to the river with its trails and green spaces, restaurants, entertainment and downtown attractions. Answers to common questions: Roof & Plumbing-new. (Mains scoped not replaced.) Electrical system all new. 4-120 gal hot water tanks all new. High end LVP - 20 mil. 55 weave pile carpet. (Most apts have 15) Frigidaire Appliances, 13 camera security system 4 extra parking spots so 20 spaces total. Likely to not have any maintenance for a long time
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16BEDS
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0.4ACRES
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16BATHS
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01/2 BATHS
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12,300SQFT
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$268$/SQFT
School Information
Description
Effective CAP Rate 5.83%. Seller will pay up to $230,000 toward an interest rate buy down if the buyer is getting financing or will reduce the purchase price if the buyer is paying cash and doing a relatively quick close. At a purchase price of $3,299,000 with 25% down and a loan amount of $2,474,250 with a 30-year amortization and $230,000 toward an interest rate buy down, today we are estimating a reduction of 3% off the interest rate for a good period of time. Talk to your lender about how this will apply to you. Call or text for 3-D tour & P&L. Basically everything but the shell is new, and after your inspector gets through it, we think you will agree the quality and materials are better than others you've seen - and better than what you can buy new. AND - you own property in downtown Idaho Falls. Check out maps. It's a block to the river with its trails and green spaces, restaurants, entertainment and downtown attractions. Answers to common questions: Roof & Plumbing-new. (Mains scoped not replaced.) Electrical system all new. 4-120 gal hot water tanks all new. High end LVP - 20 mil. 55 weave pile carpet. (Most apts have 15) Frigidaire Appliances, 13 camera security system 4 extra parking spots so 20 spaces total. Likely to not have any maintenance for a long time
Listing provided courtesy of Armstrong Flinders And Associates: 8013751075.