940 S 10th E

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940 S 10th E

Mountain Home, ID 83647
Asking Price
$599K
Asset Type
Residential Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Parcel spans 2.36 acres of residential land.
  • Asking price for the property is 599000 dollars.
  • Located in the growing city of Mountain Home.
  • Site permits various residential development projects.
  • Approved uses include apartments and tiny home communities.

What's Special

Residential development opportunities await on this 2.36-acre parcel located at 940 S 10th E in Mountain Home, Idaho. This site is suitable for a variety of residential projects, including apartment complexes or tiny home communities. The property benefits from the growth trends seen in the Mountain Home area, which serves as an essential hub within the broader region. Local infrastructure supports diverse residential configurations, and the site already holds several approved use designations. Investors and developers seeking a strategic land holding will find this acreage positioned to accommodate the increasing demand for housing in this expanding submarket. The layout provides ample space for creative site planning while aligning with existing municipal development goals for the area. Proximity to local amenities and regional transit corridors ensures long-term viability for residential occupancy.

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NOI
$80,000
Cap Rate
13.36%
DSCR
2.25
Strong
Cash-on-Cash
24.73%
Monthly Payment
$2,963.525
Annual Cash Flow
$44,437.698

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