Chase Bungalows | 307 N 9th St
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Chase Bungalows 307 N 9th St
12 Unit Apartment Building $1,521,877 CAD ($126,823 CAD/Unit) 5.69% Cap Rate Payette, ID 83661
Executive Summary
PRICE REDUCED AGAIN! Fulfill your 1031 exchange or cashflow investment goals all in one property. You can own a piece of history as well as a fantastic stabilized investment opportunity. A lovely 2 bedroom townhome, ten classic, always rented apartments with a majestic brick home on the National Historical Register. The David C. Chase Home, built with style in 1893, features stained glass, a turret with weather vane, pristine woodwork, staircases and banisters are intact. This fine home can be your residence, several offices, a bed and breakfast, event center, restaurant, or whatever you have always wanted. The chase house is approximately 2941 sf on two levels plus a small unfinished basement area and an unfinished attic loft space. There are nine 1 bed/1 bath apartments, one 2 bed/1 bath apartment and one 2 bed/1.5 bath Townhome (two story separate building) all located on half an acre with majestic trees and endless possibilities.
Property Facts
| Price | $1,521,877 CAD | Building Class | C |
| Price Per Unit | $126,823 CAD | Lot Size | 0.50 AC |
| Sale Type | Investment | Building Size | 7,619 SF |
| Cap Rate | 5.69% | Average Occupancy | 92% |
| Sale Conditions | 1031 Exchange | No. Stories | 3 |
| No. Units | 12 | Year Built/Renovated | 1893/2017 |
| Property Type | Multifamily | Parking Ratio | 1.58/1,000 SF |
| Property Subtype | Apartment |
| Price | $1,521,877 CAD |
| Price Per Unit | $126,823 CAD |
| Sale Type | Investment |
| Cap Rate | 5.69% |
| Sale Conditions | 1031 Exchange |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.50 AC |
| Building Size | 7,619 SF |
| Average Occupancy | 92% |
| No. Stories | 3 |
| Year Built/Renovated | 1893/2017 |
| Parking Ratio | 1.58/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 9 | - | - |
| 2+1 | 1 | - | - |
| 2+1.5 | 1 | - | - |
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Walk Score ®
Very Walkable (70)
zoning
| Zoning Code | MF |
| MF |
-
Gregg Davis -
KW Commercial
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Chase Bungalows | 307 N 9th St
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