Heartland Apartments | 600 Virginia St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Heartland Apartments 600 Virginia St
16 Unit Block of Flats £3,289,860 (£205,616/Unit) 4.84% Net Initial Yield New Meadows, ID 83654
Investment Highlights
- 100% Fully Leased 16 Unit Heartland Apartments in New Meadows, Idaho
- CAP Rate is 4.8%
- All Units are 1,040 SF with 2 Beds, 2 Baths - Full Kitchen with all Appliances, Washer & Dryer
- Newly Built and Occupancy Date: November 22, 2023
- Just 15 minute drive to downtown McCall
- One Unit offers 2 Beds and 1.5 Bath that is ADA compliant
Executive Summary
Fully Leased 16 Units Apartments for Sale.
This 16 unit "Heartland Apartments" in New Meadows now fully leased. 100% leased newly constructed fourplexes in the heart of New Meadows. Only a 15 minute drive to downtown McCall, and with demand for housing in the surrounding area increasing, these apartments are an incredible investment opportunity. One unit offers 2 beds and 1.5 bath that is compliant with ADA laws and regulations. The other 15 units are 1,040 SF, 2 beds, 2 baths making the primary bedroom an en-suite. All units have a washer and dryer with full kitchens including a refrigerator and a dishwasher. Large windows give each unit plenty of natural light and include a sliding glass door to access the patio. Contact agent for due diligence.
This 16 unit "Heartland Apartments" in New Meadows now fully leased. 100% leased newly constructed fourplexes in the heart of New Meadows. Only a 15 minute drive to downtown McCall, and with demand for housing in the surrounding area increasing, these apartments are an incredible investment opportunity. One unit offers 2 beds and 1.5 bath that is compliant with ADA laws and regulations. The other 15 units are 1,040 SF, 2 beds, 2 baths making the primary bedroom an en-suite. All units have a washer and dryer with full kitchens including a refrigerator and a dishwasher. Large windows give each unit plenty of natural light and include a sliding glass door to access the patio. Contact agent for due diligence.
Property Facts
| Price | £3,289,860 | Building Class | B |
| Price Per Unit | £205,616 | Building Size | 17,000 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Net Initial Yield | 4.84% | Number of Floors | 2 |
| No. Units | 16 | Year Built | 2023 |
| Property Type | Residential | Opportunity Zone |
Yes
|
| Property Subtype | Apartment |
| Price | £3,289,860 |
| Price Per Unit | £205,616 |
| Sale Type | Investment |
| Net Initial Yield | 4.84% |
| No. Units | 16 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Building Class | B |
| Building Size | 17,000 SF |
| Average Occupancy | 100% |
| Number of Floors | 2 |
| Year Built | 2023 |
| Opportunity Zone |
Yes |
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Heating
- Refrigerator
- Range
- Deck
Site Amenities
- 24 Hour Access
- Courtyard
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 2+2 | 15 | - | 1,040 |
1 of 7
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Heartland Apartments | 600 Virginia St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.