New Acquisition
Jake Durtschi • November 2, 2021
Boulevard triplex
Purchase price: $259,000
Current rents $950
Stabilized target rents $2500
Rehab estimates 20k
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Mill Road Townhomes is Fully Leased! Our newest completed construction in the Forever Fund portfolio , Mill Road Townhomes is now fully leased. The fund purchased this one-acre piece of property in a desirable location in Idaho Falls. Designed as a 12-unit townhome property consisting of four 2-bedroom, 2.5 baths, and 3-bed, 2.5 bath with attached garage. This is an excellent location on the Westside of Idaho Falls, adjacent to long-term stable single-family homes, with accessible shopping nearby and easy access to the highway with access to the Idaho National Laboratory (INL).