Link Copied
  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 4978 sqft
Garage No
Maintenance Fees 
Taxes $7,333
Days Active 0
Approx. Age 1938
Avg. Price Per Sqft $492
MLS® Number 25-9246

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Lake CDA Apartments is a 4, 978 SF multifamily property on a 0.43 acre parcel in east downtown Coeur d'Alene. The fully furnished asset includes 12 units consisting of 9 studios and 3 one bedroom apartments, plus an on-site laundry facility and manager's office. Recent upgrades include new interior and exterior paint, modern fixtures, updated kitchenettes, and a new TPO roof. Rents range from $1, 300 to $1, 800 per month, with two one bedroom units generating over $4, 000 monthly as Airbnbs. Ideally located next to Michael D's, across from Vantage Brewing, and adjacent to the Coeur d'Alene Resort Golf Course, the property blends tenant appeal with strong investment upside. The T-12 figures reflect an annual revenue of $202, 530 and -$42, 827 in expenses, producing an NOI of $159, 703 with an average occupancy of 89%. Zoned C17, the property offers mixed-use flexibility for residential or commercial applications.Show Description
MLS® Number25-9246
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
ExteriorRain Gutters
GarageNo
Approx. Age1938
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatNatural Gas, Electric, Heat Pump
A/CWall Unit(s)
Heating Fuel

Extras

Similar Listings

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

Get notified of price or status changes by saving this listing