1713 Center Ave., Payette, Idaho 83661
Special Purpose For Sale in Payette | MLS ID #98938119 | $1,750,000
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.
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