Great basis and going in cap rate on an updated 12-plex in Glenns Ferry, Idaho with newer windows, carpets, and appliances in units. All 1bd 1ba units with historic occupancy showing 100%, being on a 20-year HUD contract with 15 years left. HUD contract calls for a 3% rent increase annually. Low-maintenance tenant base with a recent government NSPIRE score of 99/100.
The median home value in Glenns Ferry, ID is $108,700. This is lower than the county median home value of $172,800. The national median home value is $219,700. The average price of homes sold in Glenns Ferry, ID is $108,700. Approximately 48.65% of Glenns Ferry homes are owned, compared to 29.48% rented, while 21.87% are vacant. Glenns Ferry real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Glenns Ferry real estate agent to arrange a tour today!
Glenns Ferry, Idaho has a population of 1,177. Glenns Ferry is less family-centric than the surrounding county with 21.61% of the households containing married families with children. The county average for households married with children is 34.05%.
The median household income in Glenns Ferry, Idaho is $28,967. The median household income for the surrounding county is $45,154 compared to the national median of $57,652. The median age of people living in Glenns Ferry is 41.4 years.
The average high temperature in July is 96.9 degrees, with an average low temperature in January of 21.7 degrees. The average rainfall is approximately 10.5 inches per year, with 10.3 inches of snow per year.