LISTING DETAILS

Rose Terrace Cottages

632 N 21st St Coeur D Alene ID 83814

Listing #: 649646 | Status: Pending | Last Modified: 5/31/2023

Showing Instructions
Call Listing Agent	No
Use Discretion	No

Investment Information
Investment Prop	Yes
Gross Income	2,088,000
Vacancy Factor %	0.00%
Operating Expenses	1,290,000
Net Operating Income	798,000
CAP Rate	22.17 %

Detail Listing Information
Min Total SF	0 SF
Max Total SF	0 SF
Lease Rate Low	$ 0.00
Lease Rate High	$ 0.00

Retail Information
Signage	Signage on Building and Freestanding

Building Information
Building Status	Existing
# of Buildings	3
# of Floors	1
# of Units	40
# of Elevators	0
A/C	Yes
Total Building SF	11,362 SF
Net Rentable Area	11,362 SF
Total Office SF	0 SF
Largest Contiguous SF	0 SF
Lot SF	31,886 SF
Acres	0.73
Year Built	1998
Year Renovated	2007
Sprinklers	Yes
Construction Type	Framed

Property Type
Property Type	Multi-Family
Building Class	B

Location
County	Kootenai
Cross Street	Coeur d'Alene Avenue
Market Area	Not Assigned
Tax ID #	C-0000-018-4870
Zoning	R-12

Parking Information
#Covered Spaces	0
# Uncovered Spaces	15
Total Parking Spots	15
Parking Ratio	1.3

40-Bed Assisted Living

Showing Instructions

SEE_NOTES

Public Comments

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!

Rose Terrace Cottages
632 N 21st St Coeur D Alene ID 83814

Listing #: 649646 | Status: Pending | Listing Date: 4/26/2022 | Last Modified: 5/31/2023 | Email Listing

For Sale

Rose Terrace Cottages

Listing Images