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1119 W Alturas St
Boise, ID 83702
Multifamily Property For Sale
·
8 Units
Investment Highlights
- Irreplaceable North End location just one block from Hyde Park, Boise’s most established and desirable neighborhood hub
- Premium pricing fundamentals, as the North End consistently ranks among the highest-value neighborhoods in Boise
- Exceptional tenant demand driven by walkability, proximity to downtown, and access to the Boise Foothills
- Significant rent upside achievable through unit renovations and operational efficiencies
- Supply-constrained submarket with virtually no new multifamily development opportunities of scale
- Strong surrounding home values, with median prices of approximately $780,000–$899,000 within a one-mile radius
Executive Summary
Goldman Ryden Real Estate Investment Services is pleased to present the opportunity to acquire an 8-unit multifamily asset located at 1119 W Alturas St in Boise’s highly coveted North End, just one block from Hyde Park. This offering represents a rare chance to secure scale in one of Boise’s most supply-constrained and desirable neighborhoods, where long-term demand is driven by lifestyle, walkability, and proximity to downtown and the Boise Foothills.
Situated in Hyde Park, the historic center of Boise’s North End, the property benefits from walkability, strong community demand, and direct access to the Boise Foothills.
This asset offers a compelling redevelopment and value- add opportunity, with meaningful upside in rents through unit renovations, operational improvements, or a more comprehensive repositioning strategy. Multifamily properties in this submarket benefit from exceptional tenant demand and limited new supply, creating durable fundamentals across market cycles.
Situated in Hyde Park, the historic center of Boise’s North End, the property benefits from walkability, strong community demand, and direct access to the Boise Foothills.
This asset offers a compelling redevelopment and value- add opportunity, with meaningful upside in rents through unit renovations, operational improvements, or a more comprehensive repositioning strategy. Multifamily properties in this submarket benefit from exceptional tenant demand and limited new supply, creating durable fundamentals across market cycles.
Property Facts
| Price Per Unit | $262,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.35 AC |
| No. Units | 8 | Building Size | 6,386 SF |
| Property Type | Multifamily | Average Occupancy | 88% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1949 |
| Zoning | R-1CH | ||
| Price Per Unit | $262,500 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.35 AC |
| Building Size | 6,386 SF |
| Average Occupancy | 88% |
| No. Stories | 1 |
| Year Built | 1949 |
| Zoning | R-1CH |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 8 | - | - |
Property Taxes
| Parcel Number | R1132250100 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,844,200 |
Property Taxes
Parcel Number
R1132250100
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,844,200
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