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528 44th St
Nampa, ID 83687
Denali Park Commons · Multifamily Property For Sale · 24 Units

Investment Highlights

  • Denali Park Commons is a brand new high-end multifamily property comprising two buildings situated on a 1-acre site.
  • Featuring 48 parking stalls, including two ADA-accessible stalls, full landscaping with pressurized irrigation, and a 6-foot vinyl privacy fence.
  • Superior accessibility, 1 mile/5 minutes to I-84, 3 miles/7 minutes to Amazon’s 2.7M-SF warehouse, 17 miles/22 minutes to Downtown Boise.
  • Two-bedroom, one-bath units, and one-bedroom, one-bath units with a refrigerator, dishwasher, microwave, washer, dryer, and vinyl plank flooring.
  • Invest in an up-and-coming area as the population within a 5-mile radius is projected to rise by 21% through 2028 to over 162,000 residents.
  • Pro forma cap rate of 5.83% and estimated net operating income of $346,564. This is 1031 exchange compatible.

Property Facts

No. Units 24
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.98 AC
Building Size 19,446 SF
No. Stories 3
Year Built 2024
Parking Ratio 2.47/1,000 SF
Zoning RMH - Multi-Family Residential Land Use

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 18 $1,650 805 - 808
1+1 6 $1,550 817

Property Taxes

Property Taxes

Parcel Number
3171401000
Land Assessment
$589,100
Improvements Assessment
$4,569,100
Total Assessment
$5,158,200
  • Listing ID: 31143275

  • Date on Market: 3/6/2024

  • Last Updated:

  • Address: 528 44th St, Nampa, ID 83687

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