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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 | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 1.25 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | RMH - Multi-Family Residential | ||
| Price | $7,350,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| 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
Property Taxes
| Parcel Number | 1271000000 | Improvements Assessment | $0 |
| Land Assessment | $475,680 | Total Assessment | $475,680 |
Property Taxes
Parcel Number
1271000000
Land Assessment
$475,680
Improvements Assessment
$0
Total Assessment
$475,680
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341 N Gateway St - WHISPERING PINES 28UNIT APARTMENT OPPORTUNITY