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Investment Highlights
- New Construction and Modern Asset
- Highly desirable close-in location just minutes from Downtown center
- Downtown proximity provides no-cost neighborhood amenities
- Modern finishes and desirable features
- Expansive windows and high ceilings flood units with natural light
Executive Summary
CBRE is pleased to present the opportunity to acquire The Betty Apartments, a newly constructed mid-rise asset located in Boise just minutes from the city’s largest employers, best eateries, cultural amenities and recreation opportunities. The Betty offers 46 units across 4 floors with a variety of floorplans including one-bedrooms, two bedrooms and three- bedrooms. The units have modern finishes and luxurious features such as quartz-counters, stainless steel appliances, in unit laundry, tall ceiling heights, smart locks and nest home thermostats.
The Betty is just a short drive into Boise’s downtown core, Boise State University and the I-84 freeway, providing access to nearby Garden City, Meridian and Southeast Boise. Shifting demographics in Boise have led to a population and economic boom, rising incomes and an expanding affluent tenant base.
The Betty is just a short drive into Boise’s downtown core, Boise State University and the I-84 freeway, providing access to nearby Garden City, Meridian and Southeast Boise. Shifting demographics in Boise have led to a population and economic boom, rising incomes and an expanding affluent tenant base.
Property Facts
| Sale Type | Investment | Building Class | B |
| No. Units | 46 | Lot Size | 0.76 AC |
| Property Type | Multifamily | Building Size | 53,580 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 2023 |
| Zoning | R-3D | ||
| Sale Type | Investment |
| No. Units | 46 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.76 AC |
| Building Size | 53,580 SF |
| No. Stories | 4 |
| Year Built | 2023 |
| Zoning | R-3D |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Elevator
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 24 | - | 600 - 800 |
| 2+2 | 21 | - | 950 - 1,200 |
| 3+2 | 1 | - | 1,300 |
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Property Taxes
| Parcel Number | R3386000495 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $10,337,500 |
Property Taxes
Parcel Number
R3386000495
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$10,337,500
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The Betty | 2550 W Targee St
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