326 State StShelley, ID 83274

This exceptional 12,400 square foot multifamily property in Shelley, Idaho, presents a lucrative investment opportunity. Located at 326 N State St, this 16-unit apartment building boasts a prime location on State Street, offering easy access to Interstate 15 (just 6 minutes away via S. 45th Rd W) and Shelley's retail and service centers. The property features a diverse mix of units: two hostel-style rooms, three hotel-style rooms, three unfinished apartments, five studio apartments, two larger apartments, and a manager's apartment. Amenities include a common event space, kitchen, lobby, laundry facilities, themed rooms, dedicated office space, and an off-street parking lot. Designed for short-term rentals or Airbnb, the property includes recreational features such as a common courtyard with a basketball hoop, fire pit, and grilling area, a karaoke area, and a hot tub room (currently under construction). Its proximity to the scenic Snake River Canyon adds to its appeal. The 0.89-acre lot offers ample space, and the building's 12,400 square feet are priced at $96.77 per square foot, with an asking price of $1,200,000 ($75,000 per unit). This turnkey operation is ready for immediate income generation.