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Investment Highlights

  • Major Area Employment Demand
  • Favorable Rent-vs.-Own
  • Strong Population Growth

Executive Summary

Berkadia Boise is pleased to present Breckenridge Apartments, a 160-unit, 2022-vintage garden-style community located in Nampa, Idaho — one of the fastest-growing cities in the nation.
The property offers a diverse mix of one-, two-, and three-bedroom floorplans, including traditional and townhome-style configurations, helping boost appeal to the Treasure Valley renter pool. Positioned squarely within the high-growth Nampa/Caldwell submarket of the Boise MSA, Breckenridge offers a favorable floor plan range with units sizing between 628 to 1,171 square feet. Individual units feature an elevated finish package including quartz countertops, stainless steel appliances, wood-style plank flooring, in-unit washer and dryer, private balconies or patios, and walk-in closets.
Residents enjoy a 24-hour fitness center, a clubhouse with full-service kitchen, community-wide Wi-Fi, and a dedicated on-site management and maintenance team providing around-the-clock response - amenities that compete with newer Class A product in the submarket while remaining accessible to the workforce renter demographic that defines Canyon County's demand base. The community is pet-friendly and smoke-free, broadening the eligible tenant pool while preserving the long-term quality and condition of the asset.
Breckenridge is well-positioned to benefit from the structural demand tailwinds underpinning the Treasure Valley multifamily market. Per Berkadia's Boise 2026 Multifamily Forecast Report, effective rent metro-wide is projected to increase 3.5% year-over-year by Q4 2026, outpacing the national average of 2.4%, while occupancy is forecast to hold at 94.3%. New supply has tapered sharply from its 2024 peak, with only 534 units projected to deliver metro-wide in 2026, creating favorable conditions for stabilized, high-quality assets like Breckenridge to sustain occupancy and push rents.

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Property Facts

Sale Type Investment
No. Units 160
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class A
Lot Size 13.06 AC
Building Size 165,000 SF
Average Occupancy 96%
No. Stories 2
Year Built 2022
Zoning C2 (Service Commercial)

Amenities

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Microwave
  • Heating
  • Kitchen
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Tub/Shower
  • Carpet
  • Family Room
  • Window Coverings

Site Amenities

  • Clubhouse
  • Fitness Center
  • Property Manager on Site
  • Tenant Controlled HVAC
  • Online Services

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 44 - 628 - 722
2+2 98 - 972 - 1,014
2+2.5 8 - 1,037
3+2 10 - 1,171
Somewhat walkable
30/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
3434500000
Land Assessment
$296,390
Improvements Assessment
$55,800
Total Assessment
$352,190
  • Listing ID: 40409025

  • Date on Market: 5/5/2026

  • Last Updated:

  • Address: 10890 Blue River Ln, Nampa, ID 83687

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