Fully Leased Multi-Family Investment Property

For Sale

600-660 Virginia Street, New Meadows, ID 83654

This New Meadows property for sale is located at 600-660 Virginia Street. The current listed sale price for Fully Leased Multi-Family Investment Property is $3,700,000.

Contacts

broker
Jacob Bottles

Mark Bottles Real Estate Services

Property Details

  • Property Type Multi-Family
  • Property Size 16,640 SF
  • Units 16
  • Date Updated Jun 5, 2025
Discover the charm of New Meadows, Idaho, a tranquil town nestled in the picturesque landscapes of Adams County. The area offers a perfect blend of small-town living and modern conveniences, making it an ideal location for a Fully Leased Multi-Family Investment Property. Surrounding the location, residents can enjoy outdoor adventures in the nearby Payette National Forest and the sparkling waters of the Little Salmon River. With close proximity to local shops, dining establishments, and community amenities, this area provides a desirable living environment for potential tenants. Embrace the unique lifestyle New Meadows has to offer as you consider investing in this thriving community.16 unit “Heartland Apartments” in New Meadows now fully leased. 100% leased newly constructed fourplexes in the heart of New Meadows. Only a 15 minute drive to downtown McCall, and with demand for housing in the surrounding area increasing, these apartments are an incredible investment opportunity. One unit offers 2 beds and 1.5 baths that is compliant with ADA laws and regulations. The other 15 units are 1,040 sf, 2 beds, 2 baths making the primary bedroom an en-suite. All units have a washer and dryer with full kitchens including a refrigerator and a dishwasher. Large windows give each unit plenty of natural light and include a sliding glass door to access the patio. Contact agent for due diligence.
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Highlights

  • Buildings: 4
  • Cap Rate: 5%
  • Occupancy Date: 11/2023
  • Parking (per unit): 8
  • Price/Unit: $231,250
  • Property Type: Multifamily
  • Stories: 2
  • Subtype: Apartment Building
  • Units: 16
  • Year Built: 2023

Getting around

  • 19/100

    Walk Score ®

  • 40/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City New Meadows, ID
  • Neighborhood New Meadows
  • Zip Code 83654

Points of Interest

  • Chevron

    0.15 miles

  • Maverik

    9.86 miles

  • Shell

    9.95 miles

  • Gordon Titus Parking Area

    5.83 miles

  • Hartland Inn

    0.14 miles

  • Brundage Motel

    8.23 miles

  • Shore Lodge

    8.74 miles

  • Brundage Bungalows

    9.02 miles

  • Hotel McCall

    9.79 miles

  • Rustic Inn

    9.95 miles

  • Third Street Inn

    10.00 miles

  • Albertsons

    9.63 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Jacob Bottles

Mark Bottles Real Estate Services

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