632 N 21st St
Coeur D Alene ID 83814
Rose Terrace Cottages
632 N 21st St Coeur D Alene ID 83814
Listing #: 649646 | Status: Pending | Last Modified: 5/31/2023 |
For Sale
- Phone:(208) 770-2593
- Email:chris.schreiber@khco.com
- Office Name:Kiemle Hagood
- Office Phone:(509) 783-7663
- Office Website:
- Call Listing AgentNo
- Use DiscretionNo
SEE_NOTES
- Listing Price$ 3,600,000.0
- $/SF$ 316.8
- Listing StatusPending
- Days on Market943
- Asset ClassSpecialty
- Terms
- Investment Type
- Investment PropYes
- Gross Income2,088,000
- Vacancy Factor %0.00%
- Operating Expenses1,290,000
- Net Operating Income798,000
- CAP Rate 22.17 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Building StatusExisting
- # of Buildings3
- # of Floors1
- # of Units40
- # of Elevators0
- A/CYes
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF11362
- Net Rentable Area11362
- Total Office SF
- Largest Contiguous SF
- Lot SF31886
- Acres0.73
- Property TypeMulti-Family
- Office Type
- Building ClassB
- CountyKootenai
- Vicinity
- Location Description
- Second Address
- Cross StreetCoeur d'Alene Avenue
- Market AreaNot Assigned
- Tax ID #C-0000-018-4870
- Additional Parcels
- ZoningR-12
- # Covered Spaces0
- # Uncovered Spaces15
- Total Parking Spots15
- Parking Ratio1.3
- Year Built1998
- Year Renovated2007
- Completion Date
- Roof Type
- SprinklersYes
- Construction TypeFramed
40-Bed Assisted Living
High quality, well maintained assisted living facility in Northern Idaho. Long history of profitability and clean license/inspection history. Property includes 3 modern buildings each purpose built for assisted living. Desirable central location adjacent to school, apartments and single family residential uses. Price based on actual performance and market comps. 22% cap rate reflects 60%+/- increase in Medicare reimbursements that took effect June 2022!
