For Sale
$1,799,000

1221 21St StHeyburn, ID 83336

12-Unit Motel/Apartment Complex, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 4,624 square foot, single-story property in Heyburn, Idaho presents a lucrative investment opportunity. Built in 2018, this meticulously maintained 12-unit complex boasts a prime location in the rapidly growing Minidoka and Cassia Counties, offering easy freeway access and proximity to restaurants, shopping, entertainment, and medical facilities. The property, zoned for high-density residential use, features 12 bedrooms and 14 bathrooms, each with a private exterior entrance, kitchenette, ADA-compliant bathroom, and amenities including basic cable, internet, Wi-Fi, telephone, and individual temperature control. Common areas include a living room with fireplace, a large fully equipped kitchen, dining area, a private dining/meeting room, and multiple laundry rooms. Additional features include two private courtyards, 13 individual mailboxes, and 16 off-street parking spaces. Currently utilized for nightly rentals, corporate housing, and long-term leases, this versatile property offers excellent income potential with low overhead costs. The 0.32-acre lot and the building's high-quality construction ensure a sound investment for the discerning buyer. This fully furnished property is a truly unique "home away from home" option, allowing guests to reserve a private room, a wing, or the entire building. The property's ADA compliance further enhances its appeal and marketability. This is a rare opportunity to acquire a high-yield investment with low operating expenses in a thriving Idaho location.

Highlights

  • $1,799,000 asking price for a 12-unit, 4,624 sq ft. property.
  • High-yield investment with low operating expenses.
  • Each unit features private exterior access.
  • ADA-compliant building.
  • Excellent location in rapidly growing Minidoka and Cassia Counties, near freeway access and amenities.

Property Details for 1221 21St St

Property type
Retirement homes, Mixed-use properties
Square Feet
4,624 SF
Year Built
2018
Buildings
1
Stories
1
Lot Size (sq. ft)
13,939 SF
Units
12

Location Insight

City
Heyburn
County
Minidoka
State
Idaho
Latitude
42.561501481246
Longitude
-113.75989303352
1221 21St St, Heyburn, Idaho

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1221 21St St
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