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600 Virginia St
New Meadows, ID 83654
Heartland Apartments · Multifamily Property For Sale
·
4 Units
Investment Highlights
- New Construction (2023) – Modern finishes, efficient systems, and minimal maintenance.
- Fully Equipped Kitchens – Stainless steel range/oven, microwave, refrigerator, and dishwasher.
- Separate Metering – Each unit has individually metered utilities for simplified management.
- Four Identical Units – Each 2-bed/2-bath with open layouts and contemporary interiors.
- Energy-Efficient Design – Reduced operating costs and improved tenant appeal.
- Prime Location in Heartland Apartment Community – Strong rental demand and stable occupancy.
Executive Summary
Newly constructed in 2023, this pristine four-unit multifamily building is located within the desirable Heartland Apartment Community. The property totals 4,624 sq. ft. across four identical 2-bed/2-bath units, each offering an open floor plan, spacious living room, and a gourmet kitchen equipped with stainless steel appliances—including range/oven, microwave, refrigerator, and dishwasher. Residents benefit from snow-free interior stairways, ample paved parking, and energy-efficient building systems. All utilities are separately metered, minimizing ownership expenses and maximizing operational efficiency. Buyers have the opportunity to purchase this single 4-plex or acquire the entire new development, providing immediate cash flow and strong rental demand in a prime location.
Property Facts
| Price Per Unit | $249,750 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.29 AC |
| Cap Rate | 4.89% | Building Size | 4,624 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2023 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Price Per Unit | $249,750 |
| Sale Type | Investment |
| Cap Rate | 4.89% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.29 AC |
| Building Size | 4,624 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2023 |
| Opportunity Zone |
Yes |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Heating
- Refrigerator
- Range
- Deck
Site Amenities
- 24 Hour Access
- Courtyard
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 4 | - | 4,624 |
Property Taxes
| Parcel Number | RPM0140001001A | Improvements Assessment | $646,405 |
| Land Assessment | $53,317 | Total Assessment | $699,722 |
Property Taxes
Parcel Number
RPM0140001001A
Land Assessment
$53,317
Improvements Assessment
$646,405
Total Assessment
$699,722
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