3880 W Franklin Rd
Meridian, ID 83642
Entrata Farms · Multifamily Property For Sale
·
4 Units
Investment Highlights
- Rents in Northeast Boise are among the metro's highest and one of the most desirable submarkets in the metro.
- This submarket contains the highest percent of renters in the metro.
- Downtown retail district, contains many attractions, such as Zoo Boise, CenturyLink Arena, and the Boise Art Museum
- All units will have three bedrooms and 2.5 bathrooms, however, there a few different floor plans available.
Property Facts
| No. Units | 4 | Building Size | 234,000 SF |
| Property Type | Multifamily | Average Occupancy | 92% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Townhome | Year Built | 2021 |
| Building Class | B | Parking Ratio | 0.56/1,000 SF |
| Lot Size | 2.44 AC | ||
| Zoning | R-15 | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 2.44 AC |
| Building Size | 234,000 SF |
| Average Occupancy | 92% |
| No. Stories | 3 |
| Year Built | 2021 |
| Parking Ratio | 0.56/1,000 SF |
| Zoning | R-15 |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer Hookup
- Heating
- Security System
- Ceiling Fans
- Kitchen
- Granite Countertops
- Hardwood Floors
- High Speed Internet Access
- Oven
- Carpet
- Wi-Fi
- Family Room
- Lawn
- Vinyl Flooring
Site Amenities
- Clubhouse
- Fitness Center
- Picnic Area
- Playground
- Pool
- Security System
- Basketball Court
- Pet Play Area
- Community-Wide WiFi
About 3880 W FRANKLIN RD , MERIDIAN, ID 83642
All units are 3 bedrooms 2.5 bathrooms and driveways for parking. This project has a few different floor plan's. First we have the TUCKER floor plan which consists of either 1 two story end unit and 3 three story interior units or 2 two story end units and 2 three story interior units. The two story unit has a 2 car garage while the three story unit has a 1 car garage. Then we have the PAYTON floor plan which is 4 three story units each with a one car garage. The third option is our DELINDA floor plan which is 4 two story units each with a 1 car garage. Upgrades are selected per fourplex prior to construction. Included in Income is (rents, pet fees & tech package) and included in the projected expenses are (property taxes, insurance, maintenance reserves, property management fees, optional cleaning and maintenance, all HOA fees.)
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 4 | $1,450 | 1,778 |
Property Taxes
| Parcel Number | R2405710380 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,004,500 |
Property Taxes
