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Iconic Village Apartments 529 Rossi St 161 Unit Apartment Building For Sale Boise, ID 83706
EXECUTIVE SUMMARY
Berkadia Boise is pleased to present Iconic Village, an irreplaceable young professional/student-centric multifamily community ideally positioned just steps from Boise State University and the heart of Boise’s dynamic cultural district. With a prime walkable location less than one mile from campus and near downtown’s vibrant restaurants, nightlife, recreation, and public transit, Iconic Village offers unparalleled connectivity for students and young renters seeking both academic convenience and lifestyle access. The property’s proximity to major employment hubs such as the BSU campus, Albertsons Stadium, St. Luke’s Boise Medical Center, and area tech employers ensures a consistent and deep resident pool—supported by Boise’s record-setting university enrollment and the metro’s ongoing population growth.
Iconic Village features 161 thoughtfully designed units spread across 20 buildings with an array of living styles, including furnished studios, flexible roommate floorplans, and spacious one- and three-bedroom apartments. Residents enjoy a host of modern amenities tailored to a young adult-friendly environment, such as a clubhouse, game room, coffee bar, BBQ area with built-in swings, and an off-leash dog park. The combination of naturally affordable, competitive rents and extensive community offerings meets the evolving preferences of Boise’s youthful renter base. As one of the region’s most sought-after locations in a top-tier university market, Iconic Village is poised for continued operational success and long-term rent growth, making it an exceptional investment opportunity in the heart of Idaho’s fastest-growing metro.
Iconic Village features 161 thoughtfully designed units spread across 20 buildings with an array of living styles, including furnished studios, flexible roommate floorplans, and spacious one- and three-bedroom apartments. Residents enjoy a host of modern amenities tailored to a young adult-friendly environment, such as a clubhouse, game room, coffee bar, BBQ area with built-in swings, and an off-leash dog park. The combination of naturally affordable, competitive rents and extensive community offerings meets the evolving preferences of Boise’s youthful renter base. As one of the region’s most sought-after locations in a top-tier university market, Iconic Village is poised for continued operational success and long-term rent growth, making it an exceptional investment opportunity in the heart of Idaho’s fastest-growing metro.
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 5.07 AC |
| No. Units | 161 | Building Size | 90,015 SF |
| Property Type | Multifamily | Average Occupancy | 96% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built/Renovated | 1969/2009 |
| Building Class | C | Parking Ratio | 2.78/1,000 SF |
| Zoning | R-3D - medium-density residential development | ||
| Sale Type | Investment |
| No. Units | 161 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 5.07 AC |
| Building Size | 90,015 SF |
| Average Occupancy | 96% |
| No. Stories | 3 |
| Year Built/Renovated | 1969/2009 |
| Parking Ratio | 2.78/1,000 SF |
| Zoning | R-3D - medium-density residential development |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- High Speed Internet Access
- Ice Maker
- Refrigerator
- Oven
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Built-In Bookshelves
- Handrails
- Trash Compactor
- Vinyl Flooring
- Warming Drawer
- Wheelchair Accessible (Rooms)
- Window Coverings
- Large Bedrooms
SITE AMENITIES
- 24 Hour Access
- Business Center
- Controlled Access
- Clubhouse
- Fitness Center
- Laundry Facilities
- Property Manager on Site
- Tenant Controlled HVAC
- Breakfast/Coffee Concierge
- Cabana
- Furnished Units Available
- Grill
- Laundry Service
- Renters Insurance Program
- Hearing Impaired Accessible
- Maintenance on site
- Online Services
- Vision Impaired Accessible
- Individual Locking Bedrooms
- Private Bathroom
- Roommate Matching
- Individual Leases Available
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 27 | - | 425 - 525 |
| 1+1 | 103 | - | 400 - 550 |
| 3+1 | 13 | - | 850 |
| 3+2 | 16 | - | 1,000 - 1,050 |
| 3+3 | 2 | - | 1,150 - 2,000 |
1 1
Bike Score®
Biker's Paradise (96)
PROPERTY TAXES
| Parcel Number | R5315010010 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $15,325,200 |
PROPERTY TAXES
Parcel Number
R5315010010
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$15,325,200
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Iconic Village Apartments | 529 Rossi St
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