About This Home
This 0-bedroom, 0-bathroom commercial at 5405 E Grove Ave in Athol, ID is listed for $2,650,000 ($221 per sqft). Built in 2000, the home offers 12,000 sqft of living space on a 1.86 acres lot.
Key Features
- Built in 2000
- 1.86 acre lot
Property Details
Amenities
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.
Monthly Cost Estimate
$14,173/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5405 E Grove Ave
Athol, ID 83801
Features & Amenities
Interior Features
Exterior Features
Property Details
Construction
Views
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 5405 E Grove Ave is listed at $2,650,000 ($221/sqft). The estimated monthly payment is $14,173 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 2000, 1.86 acre lot. Interior Features: High Speed Internet. Exterior Features: Lawn.
This property is listed by John Thomas Sinclair and can be reached at 2088188385.
