ATTENTION INVESTORS: Long or short-term rental opportunity. 5 homes on 5 acres. Minutes from Sandpoint, ID, Schweitzer Mtn Ski Resort, and The Idaho Club Golf Course. Located off SH-200 in Hope Idaho, in the heart of the Trestle Creek Recreational Area. Public beach and boat launch across the street. Up the road is National Forest. With the extensive summer and winter recreation, this would make a great vacation retreat, boutique bed and breakfast or private rental community. Main home is 3168 sq ft |4 bed, 4.5 bath w/ensuite baths off all 4 rooms. 3 single family homes are 1260 sq ft each |3 bed, 2 baths. The cabin is 672 sq ft |2 bed, 1 bath. This is an extremely rare opportunity to achieve economy of scale with 5 rentals on one property with the flexibility of Recreational Zoning. Currently being used as transitional housing & run by a non-profit with rent calculated as a % of income. Open market rents are substantially higher. Short term rental pro-forma is a 7.2 cap rate.
House for sale, 71 Freeman Ln, Bonner County, Idaho, in Bonner County, United States
71 Freeman Ln, 71 Freeman Ln, Bonner County, Idaho
House with flats • 1 room(s) • 9 bed. • 707.92 m² • ref: R28RXQ
AED 9,141,848
Spaces
Rooms1
Bedrooms9
Surfaces
Living707.92 m²
Internal707.92 m²
71 Freeman Ln, Bonner County, Idaho, Bonner County
TypeHouse
Construction year2002
Tomlinson Sotheby's International Realty
+12082635101
503 Cedar Street #7
83864 Sandpoint
Number23-7354