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Investment Highlights
- Modern finishes
- Central Boise location
- Professional landscaping
- Opportunity for long-term rentals
Executive Summary
Lee & Associates is pleased to offer a prime investment opportunity: a newly constructed 9-unit residential apartment complex in the heart of Boise. This property features eight studios, each thoughtfully designed with a loft, full bathroom, living room, kitchen, and dedicated garage. Completing the mix is a spacious 2-bedroom, 1.5-bathroom unit with a kitchen and living area. These modern units are set to deliver an excellent return once fully leased. Located in a highly sought-after, established central Boise neighborhood, residents will enjoy easy walks to local amenities and quick access to Downtown Boise, I-84, and the Boise Airport. Don’t miss this chance to acquire a turn-key asset in a thriving rental market.
(8) STUDIOS - 400 SF Per Unit | Estimated Lease Rate: $1,500 Per Month Per Unit
- Living Room
- Kitchen
- Bathroom
- Loft
- Garage
(1) 2 BEDROOM - 832 SF | Estimated Lease Rate: $1,700 Per Month
- Living Room
- Kitchen
- Bathrooms
(8) STUDIOS - 400 SF Per Unit | Estimated Lease Rate: $1,500 Per Month Per Unit
- Living Room
- Kitchen
- Bathroom
- Loft
- Garage
(1) 2 BEDROOM - 832 SF | Estimated Lease Rate: $1,700 Per Month
- Living Room
- Kitchen
- Bathrooms
Property Facts
| Price | $2,500,000 | Building Class | B |
| Price Per Unit | $277,778 | Lot Size | 0.29 AC |
| Sale Type | Investment | Construction Status | Under Construction |
| No. Units | 9 | Building Size | 9,000 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2026 |
| Apartment Style | Garden | ||
| Zoning | R-3 - Residential | ||
| Price | $2,500,000 |
| Price Per Unit | $277,778 |
| Sale Type | Investment |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 0.29 AC |
| Construction Status | Under Construction |
| Building Size | 9,000 SF |
| No. Stories | 2 |
| Year Built | 2026 |
| Zoning | R-3 - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 8 | - | 400 |
| 2+1.5 | 1 | - | 832 |
1 1
Walk Score®
Very Walkable (76)
Property Taxes
| Parcel Number | R8043000182 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $412,300 |
Property Taxes
Parcel Number
R8043000182
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$412,300
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