Rare opportunity to acquire a 9 home workforce housing community situated on approximately 2.23 acres in Athol, Idaho. Unlike many traditional mobile home parks, ownership includes all 9 rental homes and 11 city lots. Property consists of 6 singlewide homes and 3 doublewide homes, all separately metered with tenants paying their own utilities, lawn care, and snow removal, helping keep operating expenses low. Each home includes a fenced yard and storage shed, creating more of a neighborhood feel than a typical park. Current gross rents total $15,000/month and the property is currently 100% occupied w/ established management in place and available to the next owner. Ownership has extensively updated the units over time, addressing deferred maintenance and improving overall condition. Includes 2 additional developable lots, offering future upside through expansion or resale. Financials available upon request. Please do not disturb tenants.
Listed By
Agency Name: REAL BROKER LLC
Shown By
Agent Name: Vicki Kircher
Agent Phone: (509) 714-6070
Agency Title: Coldwell Banker Tomlinson
5405 E Grove Ave | MLS# 26-5443
This commercial property located at 5405 E Grove Ave , Athol, ID 83801 is currently listed for sale with an asking price of $2,650,000. Search Athol real estate on vkircher.cbspokane.com today.