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566 N Riley Creek

Price Upon Request

566 N Riley Creek Rd, Priest River, ID 83856


MLS® ID: 23-5917

  • 1.54 Acres
  • 9,980 Sq.Ft.
  • 1984 BUILT

Property Details

8 unit Apartment Complex, all 2 bed, 1 bath units, + large Main House, and a Mfg. Home. Strong rental history. Situated on 1.54 acres. Located in Laclede between Sandpoint (14 miles) and Priest River (8 miles). 3004 sq ft main house has 2 separate entrances that can be rented as 2 units. Originally built and used as a ministry, providing housing for people in the church. Rents were nominal and remain far below market. Market rents for comparable units is $1,200. Each unit currently rents for $680. Proforma with rents @ $1,000 is 9.91 cap rate. The property currently generates GSI of $87,000 2022 actual.

Shannon Schulz


Greg Schulz



Exterior & Building

  • roof Composition
  • lot features Cleared Level Open Lot
  • parking Paved
  • Heat Type Electric Oil Forced Air
  • sewer Septic Tank
  • Substructure Slab

Financial Details

  • Price Upon Request
  • Zoning Suburban

Area & Lot

  • Status Sold
  • Living Area 9,980 Sq.Ft.
  • Lot Area 1.54 Acres
  • MLS® ID 23-5917
  • Type Condo
  • Year Built 1984
  • Architecture Styles Multi Level
  • View Description Territorial
  • School District West Bonner - 83
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