16 Room foster care facility leased by and run by the state of Idaho. The facility is leased to the State of Idaho on a 3 yr. lease with 3 yr. option. 1st yr. lease was for $135,600 with annual increases of CPI or 3%, whichever is less. State paid half of TIs when lease originally signed and get credit back monthly of $1,111 for years 4-6, if they exercise their option. Since the state is short of foster homes there is a very good chance the lease will be extended well beyond the 6 years. APODs provided upon request.
MLS# | 98938119 |
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Listing Type | For Sale |
Building Name | Payette Foster Care Facility |
Status | Active |
Year | 1988 |
Days On Site | 13 |
Listing Provided By | Pipkin & Associates | Chet Pipkin |
SQ Feet | 8,067 |
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Story(s) | 1 |
Units | 16 |
Acreage | 0.66 |
State | ID |
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County | Payette |
City | Payette |
Zip Code | 83661 |
Area | Payette |
Listing VS Median (In 83661) | |
Price: $1,750,000 low | high Med: $389,900 SqFt: 8,067 low | high Med: 1,513 $ / SqFt: $217 low | high Med: $258 On site: 13 low | high Med: 17.000000 |