1825 East 16th Street

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1825 East 16th Street

Burley, ID 83318
Asking Price
$1.50M
Asset Type
Warehouse Industrial
Class
Class B

What's Special

High Power Capacity <ul><li>​<span style="color: rgba(33, 37, 41, 1)">3 Phase - 480v and 300 amps of 240v</span></li><li>​<span style="color: rgba(33, 37, 41, 1)">Off of US Hwy 30 just three miles south of I-84</span></li><li>​<span style="color: rgba(33, 37, 41, 1)">1,100 sq ft 3 bed, 2 bat h home currently leasing for $900 month to same tenant for over five years; suitable for on-site manager housing or owner residence</span></li><li>​<span style="color: rgba(33, 37, 41, 1)">14 months left on industrial NNN lease

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NOI
$80,000
Cap Rate
5.33%
DSCR
0.90
Underwater
Cash-on-Cash
-2.01%
Monthly Payment
$7,421.182
Annual Cash Flow
$-9,054.179

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