288 Ririe Hwy, Ririe, ID 83443

Great single level apartment complex located in Ririe. There are 10 apartments with ample parking. Large back yard with a fire pit. There is 1 studio apartment, 8, 1-bedroom apartments and 1, 2-bedroom apartment. Great location with easy access through 2 entrances. New main water line running to the building completed in 2019. Crawl space has been insulted and units have been updated.

Attention here is a opportunity for wise investor. Major rennovations completed in 2008 make this 10 unit complex a great investment with many years of future service. Rennovations included new roof, new electrical wiring, insulation, sheetrock, paint and finishes. Now we have a nearly reconstructed solid brick structure. Nearly zero vacancy due to the convenient location between Rexbury, Rigby and Idaho Falls. Current owner has maintained renter waiting list by establishing relationships with local Businesses and the nearby University. Building plans are in place and permits paid for to add an additional 10 unit building on the property. This property does not pretend to be a fourstar resort, but it is an absolutely terrific cash flow money machine for the owner able to manage budget conscience tenant.