518 Denver Street Caldwell, ID 83605
Directions
From I-84, take 10th Street exit, head South to Chicago Street. West on Chicago Street to N 6th Ave, then west on Denver to address.
Price: $650,000
Beds: 8
Baths: 0
Garages:
Type:
Area:
Land Size: Standard Lot 6000-9999 SF
SqFt: 1652
Acres: 0.14
Year Built: 1972
Construction: Frame
Includes
Water: City Service
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
This is a business opportunity offering a transitional housing program to those exiting incarceration. The program has space for 8 participants at a time. The offering includes the real estate (a 4 bed 2 bath 1652 sf home). Participants pay monthly participation fees of $600 per participant. $4,800 per month of income. Expenses average roughly $400-500 per month. $4,300-4,400 per month cash flow to owner ($51,600 per year). Compare this business opportunity to a residential investment property. This opportunity is offered at an equivalent to an 8%+/- cap rate. Assessed Value is $267,000.
Legal Description:
22-4N-3W NW GOLDEN GATE ADD LTS 15 & 16 BLK 38 G GATE FRACTIONAL LT 13 BLK 38 ORIG Plat / Subdivision: Golden Gate Add
22-4N-3W NW GOLDEN GATE ADD LTS 15 & 16 BLK 38 G GATE FRACTIONAL LT 13 BLK 38 ORIG Plat / Subdivision: Golden Gate Add
| 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. |