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Investment Highlights

  • New Construction - Low Maintenance
  • Luxury Condos w/attaced garage
  • Central Boise Location

Executive Summary

Uptown Eight presents a rare opportunity to acquire a newly constructed multifamily in the heart of Boise ~ Property is fully stabilized, built in 2025, the Property combines immediate cash flow with low maintainance and long-term durability through premium ICF construction. The property offers many benefits to the tenants that includw superior energy efficiency, sound attenuation, and reduced maintenance requirements.
The asset has demonstrated strong market alignment with rapid lease-up and in-place rents at or above market, while offering additional upside through a furnished rental strategy that has already proven to achieve a meaningful premium. Efficient unit layouts, minimal common areas, and modern finishes support both tenant demand and long-term operational performance.
Located minutes from Downtown Boise, Boise State University, the Airport, and major healthcare and employment hubs, Uptown Eight is ideally positioned to capture demand from both traditional renters and higher-yield, mid-term tenants. This is a compelling opportunity for investors seeking a low-maintenance, income-producing asset with embedded upside in a maturing and stabilizing Boise market.

Data Room Click Here to Access

Financial Summary (Actual - 2026) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2026) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $2,900,000
Price Per Unit $362,500
Sale Type Investment
Cap Rate 5.24%
Sale Condition 1031 Exchange
Gross Rent Multiplier 13.48
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class B
Lot Size 0.30 AC
Building Size 11,988 SF
Average Occupancy 100%
No. Stories 3
Year Built 2025
Parking Ratio 2.17/1,000 SF
Zoning City of Boise-MX-1 - The property is currently one (1) parcel with 8 units on a condo plat. Units can be sold separately.

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Washer/Dryer Hookup
  • Heating
  • Ceiling Fans
  • Tile Floors
  • Oven
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Carpet
  • Yard
  • Deck
  • Vinyl Flooring
  • Large Bedrooms
  • Quartz Countertops

Site Amenities

  • Furnished Units Available
  • Smoke Free

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1.5 2 $1,925 898 - 1,326
2+2.5 6 $2,325 1,074 - 1,556
Moderately walkable
70/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
  • Listing ID: 37982442

  • Date on Market: 10/7/2025

  • Last Updated:

  • Address: 1011 S Orchard St, Boise, ID 83705

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