615 Centennial Mountain St, Driggs, ID

Name: 615 Centennial Mountain St, For Sale in Driggs - eXp Commercial Brokerage
Brand: Keller Williams Jackson Hole
SKU: 25-1175
Price: 4800000 CAD

Real Estate

For Sale

$--,---,---

000

Key Facts
Description
Map

Key Facts

Type Multi Family

Levels Residential Income

Size -

Garage Yes

Taxes $10,292

Days Active 3

Lot Size

Approx. Age 2022

MLS® Number 25-1175

Property Address:

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

Description

Moran Building | Offered as Part of a 3-Building Multi Family Portfolio | $14, 400, 000 Pitts West Investments is pleased to present the Moran Building, a 12-unit apartment building located in the heart of Driggs, Idaho. This asset is one of three identical buildings offered at $14, 400, 000, representing a rare opportunity to acquire high-performing, modern multifamily product in a supply-constrained mountain town market. Property Overview: Unit Mix (12 total units):  • 3 × 1BD / 1BA (831 SF)  • 6 × 2BD / 2BA (1, 056 SF)  • 3 × 3BD / 3BA (1, 281 SF) Total Net Rentable SF per Building: ~12, 492 SF Additional Features: " 6 private storage closets per building (additional revenue potential) " 2 surface parking stalls per unit " High historical occupancy " Strong rental demand in a growing Teton Valley submarket Investment Highlights: Below Replacement Cost: Acquire new, high-quality construction at a price well below today's development costs. Value-Add Opportunities: Enhance revenue through short-term rental conversion, master leasing strategies, or monetizing additional storage. Prime Location: Steps from Downtown Driggs, Broulim's grocery store, public transit routes, and Teton County's pathway system. Turnkey Portfolio: All three buildings share identical layouts and finishes, streamlining management and maximizing operational efficiency. Each unit has a full appliance package including washer and dryer. Tight Rental Market: Driggs continues to experience strong demand and limited new supply, supporting future rent growth and appreciation. This offering provides a compelling opportunity for investors seeking yield, scale, and long-term growth in a high-barrier-to-entry market at the base of the Tetons.Show Description

No Data

_{Walk Score®}

No Data

_{Transit Score®}

No Data

_{Bike Score®}

MLS® Number25-1175

Laundry Level

Central VacNo

FireplaceNo

Acreage0.73

Exterior

GarageYes

Approx. Age2022

BasementNone

Driveway

Garage Spaces

HeatCove Heaters

A/CNone

Heating Fuel

Extras

Similar Listings

Like what you see?

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

Add a Comment

I want to view this property

By checking this box, and clicking “Take a Tour”, I am confirming that I have read and agree to Zoocasa's Data Processing & Privacy Policy, and to Zoocasa's Terms of Use.

By checking this box, and clicking “Take a Tour”, I am electronically signing and consenting to receive marketing communications (about real estate brokerage services and one or more properties that I may buy, sell, or rent), that may be delivered to me via email, telephone and/or text messaging (using “automated technology” such as an automatic telephone dialing system, and/or an artificial or prerecorded voice), from Zoocasa, eXp Realty® and its independent contractor real estate agents, and/or its or their affiliates, using the contact information I provided. Consent is not a condition of purchase. I may opt-out at any time by emailing [email protected] or calling 1-844-683-4664.

Get notified of price or status changes by saving this listing