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402 N Michigan Ave
Caldwell, ID 83605
Marble Front Apartments · Multifamily Property For Sale · 14 Units
PROPERTY FACTS
| No. Units | 14 | Lot Size | 1.05 AC |
| Property Type | Multifamily | Building Size | 15,478 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built/Renovated | 1995/2005 |
| Building Class | C | Parking Ratio | 1.8/1,000 SF |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 1.05 AC |
| Building Size | 15,478 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1995/2005 |
| Parking Ratio | 1.8/1,000 SF |
About 402 N Michigan Ave , Caldwell, ID 83605
100% Occupancy Huge Upside potential Possible 7.83% Cap Rate with conversion of managers office to 15th Unit Estimated cost of office conversion to 2 bed, 1 bath is $20,000 Expenses are at 33.5% Park and Playground area in the middle of the complex Part of the HUD HOME Program through 2025 5 buildings consisting of 13 Units of 3 bed/1 bath and 1 Unit that is 2 bed/1 bath. Less than 1/3 of a mile from 10th Ave Exit and 1 mile from Historic Downtown Caldwell Located less than 200 yards from Caldwell' s Luby Park
PROPERTY TAXES
| Parcel Number | 0700500000 | Improvements Assessment | $3,823,976 |
| Land Assessment | $665,031 | Total Assessment | $4,489,007 |
PROPERTY TAXES
zoning
| Zoning Code | R-3 |
| R-3 |
