Value add on Pocatello Duplex
Jake Durtschi • December 14, 2021
Toponce Duplex reposition update:
Property purchased for 199k.
Work is completed at the property on the conversion of one unit ($25,000).
Switched from 850sqft 2 bed/1 bath to a 1450sqft 4 bed/2 bath
New roof complete.
Egress window installed
Paint, carpet, repair updates
Additional items that are in process are fascia, rain gutters, and a couple of windows.
The property is 2 units. One (2bed/1bath) unit is rented at 895. The other unit is being marketed at 1295 (4bed/2bath)
Refinance process has begun. Closing expected 1/31/2022.
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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).