Share This Listing

Message

947 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Diamond Peak Towns 7 6th St N 16 Unit Apartment Building $4,600,000 ($287,500/Unit) 6.43% Cap Rate Nampa, ID 83687

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • amazing location off of I-84 Northside Blvd. exit.
  • New Construction
  • Next door to new Starbucks

EXECUTIVE SUMMARY

Brand new 16 unit Townhome subdivision. Perfect for a rental community. Buy the whole thing for $5,500,000 or buy a single unit for $343,750. All Units are 3 bd x 2.5 bth 2 car garages, approximately 1,300 sft.
Construction is complete. Ready for a property manager to start leasing!

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (PRO FORMA - 2025)

ANNUAL ANNUAL PER SF
Gross Rental Income $422,400 $20.11
Other Income - -
Vacancy Loss - -
Effective Gross Income $422,400 $20.11
Taxes - -
Operating Expenses - -
Total Expenses $122,000 $5.81
Net Operating Income $300,400 $14.30

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income
Annual $422,400
Annual Per SF $20.11
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $422,400
Annual Per SF $20.11
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $122,000
Annual Per SF $5.81
Net Operating Income
Annual $300,400
Annual Per SF $14.30

PROPERTY FACTS

Price $4,600,000
Price Per Unit $287,500
Sale Type Investment
Cap Rate 6.43%
Sale Conditions
Bulk/Portfolio Sale
  • High Vacancy Property
No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class B
Lot Size 0.75 AC
Building Size 21,000 SF
Average Occupancy 0%
No. Stories 3
Year Built 2025
Opportunity Zone Yes

AMENITIES

UNIT AMENITIES

  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

SITE AMENITIES

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Smoke Free
  • Walk-Up
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
3+2.5 16 $2,200 1,282
  • Listing ID: 34647552

  • Date on Market: 1/29/2025

  • Last Updated:

  • Address: 7 6th St N, Nampa, ID 83687

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}