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$1,299,000 For Sale

1887 E Highland Ave
Twin Falls, ID 83301

10 units |
17,072 sq ft;
lot: 1.98 acres
Commercial: Industrial - MLS# 98707256
Property Photo
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Description

Investment property is in M-2 Manufacturing heavy zone. There are 10 units with 12' overhead doors, office and a bathroom in each unit. all units are rented at the current time. Unit sizes range from 1,000+-sf to 2,000+-sf. Tenants pay for utilities. Owner pays water, property tax and insurance. Leases are month to month. 5% cap rate has 10% management fee calculated into it. Front building was built in 1974, back building was built in 1998. Showings by appointment only with listing Broker

Features

  • # of Parking Spaces: 50
  • # Of Spaces: 10
  • # Of Stories: 1
  • #drive In/Grade-Lvl Doors: 10
  • #units/Spaces - 1: 10
  • Age: 31 - 50 Years
  • Cap Rate %: 5
  • Construction: Concrete, Steel
  • Cooling: Central Air
  • County/Area: Twin Falls County
  • Fenced: Partial
  • Floor Construction: Concrete
  • Gas Available (Y/N): Yes
  • Heating: Forced Air, Gas
  • Land Size: 1 - 4.99 Acres
  • Listing Status: Active
  • Location Description: Industrial Area
  • Lot Size: 1.9800
  • Net Operating Income: 65046
  • Parking: 11 - 20 Spaces
  • Parking Spaces: 50
  • Property Type: Commercial
  • Sewer: Yes Connected
  • Sq.Ft.: 17072
  • Structure Features: Dock, Overhead Doors, Paved Outside Area, Paved Street, Grade Level Door, High Dock Door, Fenced Yar
  • Sub Type: Industrial
  • Suitable For Industrial: Business Park, Flex Space, Office Showroom
  • Suitable For Land: Industrial
  • Units: 10
  • Water: City Service
  • Year Built: 1974
  • Zip Code: 83301
  • Zoning: M-2

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Testimonials

You are the hardest working people! We felt that our best interests were always a priority. It was a very smooth process.  Pat & Lisa Donnelley
You Guys went way above my expectations!!! I can't thank you enough.  Rob Bowman
Mark was outstanding. This can be a stressful process, but I could trust Mark from start to finish. He went above and beyond to ensure we sold our home. I'm so thankful for his time and expertise and highly recommend him to family, friends and neighbors.  Rita Ruhter
Mark & Julies knowledge and large set of skills allowed us to sell our home quickly. Mark helped us quickly negotiate through the buyers concerns and reach a mutually beneficial sale. Terry & Tina Downs
Thank you very much! I appreciate all your help and advice with this sale. You went "Above and Beyond" when we had a few issues with repairs or problems with getting the buyer into the house. You are Awesome! I will definitely give you referrals! Annette Giles
Julie you were great with a good sense of Humor. Veronique Savary
Mark & Julie sold my mothers home after her passing. Thank you for making the process so easy & quick. I live out of state and everything was handled very respectfully and just as you promised. Beth Morgan
Mark was super! He communicates well, which we like. He is very knowledgeable. Bravo! Ron & Jamie Griff
Julie, It was a pleasure working with you. Thanks again for everything! Sheila Garrett
Thank you both so much for everything you did to make our experience positive!! We appreciated the way you kept in communication every step of the way!! Tracy Ridgeway & Kami Cornie
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