IdahoDriggs615 CENTENNIAL MTN Street

615 CENTENNIAL MTN Street
Driggs, ID 83422

$4,800,000
New Listing For Sale
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Ferramentas
Open House
Size
14,448 pé²
Interior
.73 Acres
Exterior
Financial
$4,800,000
Alterar Moeda
$858
Monthly taxes
$10,292
Annual taxes
Details
Single Family Home
Tipo de propriedade
2022
Ano de construção
15422519
Id da web
174
Dias postados

Descrição

615 CENTENNIAL MTN Street, Driggs, ID 83422

Moran Building / Offered as Part of a 3-Building Multi Family Portfolio / $14,400,000 Pitts West Investments is pleased to present the Moran Building, a 12-unit apartment building located in the heart of Driggs, Idaho. This asset is one of three identical buildings offered at $14,400,000, representing a rare opportunity to acquire high-performing, modern multifamily product in a supply-constrained mountain town market. Property Overview: Unit Mix (12 total units):   3 1BD / 1BA (831 SF)   6 2BD / 2BA (1,056 SF)   3 3BD / 3BA (1,281 SF) Total Net Rentable SF per Building: ~12,492 SF Additional Features: " 6 private storage closets per building (additional revenue potential) " 2 surface parking stalls per unit " High historical occupancy " Strong rental demand in a growing Teton Valley submarket Investment Highlights: Below Replacement Cost: Acquire new, high-quality construction at a price well below today's development costs. Value-Add Opportunities: Enhance revenue through short-term rental conversion, master leasing strategies, or monetizing additional storage. Prime Location: Steps from Downtown Driggs, Broulim's grocery store, public transit routes, and Teton County's pathway system. Turnkey Portfolio: All three buildings share identical layouts and finishes, streamlining management and maximizing operational efficiency. Each unit has a full appliance package including washer and dryer. Tight Rental Market: Driggs continues to experience strong demand and limited new supply, supporting future rent growth and appreciation. This offering provides a compelling opportunity for investors seeking yield, scale, and long-term growth in a high-barrier-to-entry market at the base of the Tetons.

This is an Active listing.

Broker Office Phone Number: 307-699-1232

Copyright © 2025Teton Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Price History VER CATÁLOGO +
Encontro PreçoVariânciaTipo
5/28/2025$4,800,000-Listados
Listing By: Keller Williams Jackson Hole via Data Source: Teton Board of REALTORS®


Located at 615 CENTENNIAL MTN Street, Driggs, Idaho 83422, this Single Family Home is for Venda with a price of $4,800,000 USD. The property was built in 2022,. This listing has 14,448 Pés Quadrados of interior space on a lot of .73 Acres. See all Homes for Venda in Driggs.

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Listing by: Keller Williams Jackson Hole
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Staging Information:
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