Cardinal Realty of Idaho
Robert E. Combs Designated Broker
208-917-2570208-917-2570

803 W Comstock Circle, Nampa, ID 83651 (MLS # 98733088)

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Listed with Swope Investment Properties

PRICE $1,875,000
BEDS n/a
BATHS 0 baths
HOME SIZE 19,116 sq ft
LOT SIZE 2.35 ac

Strong investment opportunity. 19 units! This well-maintained gem offers a rare price point and a rising ROI, that reaches a 6% cap rate by next summer, after the allowable rent increase is fully realized. 5.6% now. Enjoy extremely low vacancy (less than 2%) and a waiting list for this Section 42 LIHTC property. No tax credits available. Section 42 status is in effect until 2033. New roof shingles last year. Desirable split floor plans and duplex set-up (all end units). See flyer and proforma. BTVA.

DAYS ON MARKET 9 LAST UPDATED 6/12/2019
YEAR BUILT 1994 COMMUNITY Nampa NE (87)
COUNTY Canyon STATUS Pending
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AGE 21-30 Years
ASSOCIATION FREQENCY Not Applicable
AUCTION (Y/N) No
CITY BUS No
CLASS Residential Income
CONSTRUCTION Frame, Wood Siding
COOLING Central Air
DISPLAY AVM Yes
DISPLAY COMMENTS Yes
DISPOSALS No Units
FIPS CODE 16027
FLOOD INS REQUIRED(Y/N) No
GARAGE(S) One Car
HEATING Electric, Forced Air
HOME OWNER EXEMPT (Y/N) No
IN FORECLOSURE (Y/N) No
IRRIGATION DISTRICT (Y/N) Yes
LAND SIZE 1 - 4.99 Acres
LAND USE 5+ Units, Single
LEGAL DESCRIPTION Lots 1A, 1B, 2A, 2B, 3A, 3B, 4A and 4B in Block 1
LIST CLASS Excl Right to Sell
LOT FEATURES Sbjt to Fair Housing Stnd, Sidewalks
MINERAL RIGHTS (Y/N/U) Unknown
PARCEL # N1537001001A
REFRIGERATOR All Units
ROOF Composition Shingle
SALE/RENT For Sale
SEWER Yes Connected
STOVE/RANGE All Units
TYPE Apartment
WASHER/DRYER HOOKUPS All Units
WASHER/DRYERS No Units
WATER City Service, Other


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