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$1,250,000 For Sale

1887 E Highland Ave
Twin Falls, ID 83301

10 units |
17,072 sq ft;
lot: 1.98 acres
Commercial: Industrial - MLS# 98716717
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. 6.1% 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 %: 6.1
  • 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: 76623
  • Parking: 51 - 100 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

Mark is by far the best Realtor in the Magic Valley.  Our family has gone through multiple closings with Mark.  We wouldn't put our trust in anyone else. Jeremiah & Hailey Johnson
To Mark & Bob,
This was a job well done by you. 
Thanks,
Lowell & Julina Curtis
Mark has been my Realtor for 20 years. He provides excellent, knowledgeable, professional service. 
Mark and Julie sold my rental property quickly and for more than I thought the property would sell for. 

They are a great team!
 
Joan Hurlock
Mark Knows his stuff! Michael


I like it that you don't "Hover" over prospective buyers.  You are available but not clingy and I like that!  Thanks so much for the Jakers Dinner Experience We are looking forward to it!


 
Harry & Flora Bokma
Mark and Julie are extremely Professional and Personable! James Osterkamp
Mark, Julie, Bob & Arlene,
We appreciate the great job of selling our home.  This is the second property that Mark & Julie  have sold for us.  They are excellent to work with.  Very thorough & professional, not to mention a wonderful family.  We highly recommend Robert Jones Realty to anyone wanting an excellent & friendly real estate experience.
Jo & Janet Freitas
Thank you so much for everything! Melanie Oakey
Julie is so sweet and amazing, she showed us so many houses until we found the one.  Thank you Julie so much for everything you were so patient in our decision making.  See you at the house warming party! Liz & Alex
I'am a broker in California & got licensed in Idaho , Julie did a great job and she is very ambitious! Susan Jensen
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
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