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341 N Gateway St - WHISPERING PINES 28UNIT APARTMENT OPPORTUNITY 1.25 Acres of Residential Land Offered at $7,350,000 in Nampa, ID 83687



Investment Highlights
- Entitled, shovel-ready site — planning, zoning, and design work already completed.
- Location within an established Opportunity Zone and QCT.
- Flexible acquisition structure — buy the dirt or buy the finished community.
Executive Summary
OPTION #1 LAND ACQUISITION PURCHASE PRICE $899,000
OPTION #2 COMPLETED APARTMENT COMMUNITY PURCHASE PRICE $7,350,000
OPTION #2 COMPLETED APARTMENT COMMUNITY PURCHASE PRICE $7,350,000
Property Facts
| Price | $7,350,000 | Property Subtype | Residential |
| Sale Type | Investment | Total Lot Size | 1.25 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land | ||
| Zoning | RMH - Multi-Family Residential | ||
| Price | $7,350,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 1.25 AC |
| Opportunity Zone |
Yes |
| Zoning | RMH - Multi-Family Residential |
1 Lot Available
Lot
| Price | $7,350,000 | Lot Size | 1.25 AC |
| Price Per AC | $5,880,000.00 |
| Price | $7,350,000 |
| Price Per AC | $5,880,000.00 |
| Lot Size | 1.25 AC |
Shovel-ready site.
Description
Entitled, shovel-ready site — planning, zoning, and design work already completed, compressing the development timeline and reducing entitlement risk. Location within an established Opportunity Zone and QCT (Qualified Census Tract) under the current federal map (see Tax Incentive section; buyer to verify). Flexible acquisition structure — buy the dirt or buy the finished community. Efficient unit mix — 2 BR/2 BA & 1 BR/1 BA product. Strong regional fundamentals — sustained population and job growth across Nampa and the broader Boise MSA.
Fairly walkable
50/100
Very drivable
80/100
Somewhat bikeable
30/100
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341 N Gateway St - WHISPERING PINES 28UNIT APARTMENT OPPORTUNITY

