For Sale
$9,300,000

0 Tbd Airport RdBlackfoot, ID 83221

28 Luxury Townhomes, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
117
Exceptional investment opportunity in Blackfoot, Idaho, featuring 28 newly constructed Class A townhomes, each with three bedrooms, 2.5 bathrooms, and a single-car garage. These 2024-built units boast upscale finishes including quartz countertops, lush carpeting, luxury vinyl plank flooring, stainless steel appliances, and oversized windows. Ample closet space and built-ins enhance functionality. The property sits on a 3.02-acre lot and includes 28 individual storage units, generating additional rental income. The meticulously landscaped grounds feature automatic sprinklers. Further revenue streams are projected from managing internet services for the residents. Each townhome is situated on a separate parcel, offering flexibility for individual sales or continued portfolio management. The property is zoned R2 and offers a 5.10% cap rate with an asking price of $9,300,000. Estimated completion is December 2024. This eight-building, two-story complex presents a compelling opportunity for significant returns.

Highlights

  • 28 newly constructed Class A townhomes, each with 3 bedrooms, 2.5 baths, and a single-car garage.
  • Upscale finishes include quartz countertops, stainless steel appliances, and luxury vinyl plank flooring.
  • Situated on a 3.02-acre lot with 28 individual storage units generating additional income.
  • 5.10% cap rate with a $9,300,000 asking price.
  • R2 zoning allows for flexibility in sales or portfolio management.

Property Details for 0 Tbd Airport Rd

Property type
Residential income homes
Class
A
Year Built
2024
Buildings
8
Stories
2
Lot Size (sq. ft)
131,551 SF
Units
28

Location Insight

City
Blackfoot
County
Bingham
State
Idaho
Latitude
43.207277890349
Longitude
-112.32834832408
Tbd Airport Rd, Blackfoot, Idaho

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0 Tbd Airport Rd
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