United StatesIdahoBoise2251 S Pond Street

2251 S Pond Street
Boise, Idaho 83705

$4,200,000
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The Pond Street Apartments have been lovingly updated over the past 5 years (all units). The updates also included new TPO roofs on each building, brand new asphalt parking lot, and some updated zero-scape in areas of the property as well as new...
Listing Courtesy of KW Commercial
$4,200,000
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14,592 Sq Ft.
Interior
1.06 Acres
Exterior
Residential Income
Property type
1974
Year Built
98850911
Web Id
98850911
MLS ID
0 Not Applic.
Subdivision
Boise City Independent 1
School District
Hillcrest
Elementary
South Boise Jr
Middle
Borah
High
29
days ago

About 2251 S Pond Street

The Pond Street Apartments have been lovingly updated over the past 5 years (all units). The updates also included new TPO roofs on each building, brand new asphalt parking lot, and some updated zero-scape in areas of the property as well as new fencing, and much more. Interior updates included paint, flooring, some HVAC updates, and remodeled kitchens and bathrooms. The newly rented units are renting at $1,425 per month and many that were leased near the beginning of the renovations are rented for less than $1,200 giving a buyer the opportunity to quickly raise rents on those that are under market as leases renew without requiring much additional investment from the buyer. This property is being offered as part of a portfolio or as a separate investment.

Listing Courtesy of KW Commercial, Intermountain MLS
Listing Courtesy of KW Commercial
Listing Courtesy of KW Commercial
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