
Prime development opportunity in rapidly growing Mountain Home, ID. Take this approved 24 unit two-phase development within walking distance to downtown Mountain Home, Albertsons, restaurants, and park to completion. 1st phase unit mix consisting of six 1/1 units and six 2/2 units. 2nd phase unit mix consisting of 12 3/2 units. Currently there is a vacant 16,000 sq. ft building on the property, (previously a bowling alley) with high ceilings and allowing for commercial use during construction of phase 1 if desired. Phase 1 and phase 2 are separate parcels, allowing for a favorable exit strategy. Make use of the building while developing phase 1 for extra income, or change plans and redevelop the vacant building into much needed climate controlled storage units. Replacement cost of just the 16,000 sq. ft building is well over $1M. Seller is open to selling parcels separately, and will carry the note. Ready to pull permits today, and start construction documents with new buyer.
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
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