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11575 N River Rd

Payette, ID 83661
  • $1,390,000
  • STATUS: Active
  • ON SITE: 70 Days
  • MLS #: 98839988
UPDATED: 31 min ago
$1,390,000
  • 0
    BEDS
  • 10.01
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1975
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Intermountain MLS logoCourtesy of Whitetail Properties Re Llc.

Description

The Lazy River Mobile Retreat sits along the Snake River minutes north of the City of Payette, Idaho with quick access to Highway 95 connecting you to Weiser in 10 mins or the Boise International Airport in an hour. 5% CAP Rate coming from 25 fully rented pads provide immediate ROI and its location and views could command premium monthly rates above the $395 average monthly rate presently charged. The flat 10+ acres sit above the Snake River and out of the flood zone, making this an ideal development opportunity. Zoned Commercial 2 (C-2) opens countless potential investment opportunities ranging from hotels, apartments and many other businesses. Property boasts over 1000+ft of Snake River frontage and 1000+ft of N. River Road frontage maximizing enjoyment and use. 1957 priority date on the 8 acres of water rights are just another of the many benefits of this property for both current and future uses. Beach, boat ramp and 1+ acre park make this an ideal investment opportunity or residential development.

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Intermountain MLS logo© 2022 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than First Service Group are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2022-07-07T13:10:52.67.
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11575 N River Rd Payette, ID 83661

  • Price: $1,390,000
  • Status: Active
  • On Site: 70 Days
  • Updated: 31 min ago
  • MLS #: 98839988
0
Beds
0
Baths
0
½ Baths
10.01
Acres
1975
Built
Neighborhood:
0 Not Applic.
County:
Payette
Area:
Payette - 1750
Elementary School:
Payette
Middle School:
Mccain
High School:
Payette
School District:
Payette School District #371
Property Description
The Lazy River Mobile Retreat sits along the Snake River minutes north of the City of Payette, Idaho with quick access to Highway 95 connecting you to Weiser in 10 mins or the Boise International Airport in an hour. 5% CAP Rate coming from 25 fully rented pads provide immediate ROI and its location and views could command premium monthly rates above the $395 average monthly rate presently charged. The flat 10+ acres sit above the Snake River and out of the flood zone, making this an ideal development opportunity. Zoned Commercial 2 (C-2) opens countless potential investment opportunities ranging from hotels, apartments and many other businesses. Property boasts over 1000+ft of Snake River frontage and 1000+ft of N. River Road frontage maximizing enjoyment and use. 1957 priority date on the 8 acres of water rights are just another of the many benefits of this property for both current and future uses. Beach, boat ramp and 1+ acre park make this an ideal investment opportunity or residential development.
Exterior Features

Lot Features 10-19.9 AcresIrrigationR.V. Parking Parking Features Rv Access/Parking Parking Total 0 Waterfront Features Waterfront Waterfront YN Yes

Interior Features

Above Grade Finished Area Units Square Feet Below Grade Finished Area Units Square Feet Building Area Total 0 Heating YN No

Property Features

Association Fee 0 Current Use 2-4 Units5+ UnitsCondo/TownhouseMobile Home ParkCommercial OfficeCommercial RetailRecreationalOver 55 Community Electric 12030 Gross Income 118540 Lot Size Dimensions 1000X1000 Net Operating Income 64501 Operating Expense 54039 Ownership Fee Simple Property Sub Type Other Senior Community YN Yes Sewer Septic Tank Tax Annual Amount 2872.77 Tax Legal Description Woodspur Tr Tax 168 In Blks 7 & 8 Sec 11-9-5 Tax Year 2021 Water Source Shared Well

Intermountain MLS logoCourtesy of Whitetail Properties Re Llc.


Intermountain MLS logo© 2022 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than First Service Group are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2022-07-07T13:10:52.67.
 
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First Service Group
53 N Plummer Rd
Star ID, 83669
Intermountain MLS logoCourtesy of Whitetail Properties Re Llc.