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The Lillian 3003-3009 Overlook Rd 57 Unit Apartment Building $12,300,000 ($215,789/Unit) 5.25% Cap Rate Boise, ID 83704



Executive Summary
57 Single level apartments
• 31 - 1 BR Apartments avg. 676 SF
• 26 - 2 BR Apartments avg. 914 SF
2 Phase construction
• 1973 - 36 units
• 2000 - 21 units
• Clubhouse recreation building
• Attractive mature landscape
• 4 acre site
• 31 - 1 BR Apartments avg. 676 SF
• 26 - 2 BR Apartments avg. 914 SF
2 Phase construction
• 1973 - 36 units
• 2000 - 21 units
• Clubhouse recreation building
• Attractive mature landscape
• 4 acre site
Property Facts
| Price | $12,300,000 | Building Class | C |
| Price Per Unit | $215,789 | Lot Size | 4.03 AC |
| Sale Type | Investment | Building Size | 45,175 SF |
| Cap Rate | 5.25% | Average Occupancy | 100% |
| No. Units | 57 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1973/2000 |
| Property Subtype | Apartment | Parking Ratio | 2.26/1,000 SF |
| Apartment Style | Garden | ||
| Zoning | R-2D - medium-density residential zone | ||
| Price | $12,300,000 |
| Price Per Unit | $215,789 |
| Sale Type | Investment |
| Cap Rate | 5.25% |
| No. Units | 57 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 4.03 AC |
| Building Size | 45,175 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1973/2000 |
| Parking Ratio | 2.26/1,000 SF |
| Zoning | R-2D - medium-density residential zone |
Amenities
Unit Amenities
- Cable Ready
- Microwave
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Clubhouse
- Laundry Facilities
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
1 1
Bike Score®
Very Bikeable (78)
Property Taxes
| Parcel Number | R5201000220 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $7,309,300 |
Property Taxes
Parcel Number
R5201000220
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$7,309,300
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Videos
Matterport 3D Exterior
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Photos
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The Lillian | 3003-3009 Overlook Rd
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