The Pines Apartments 7501 W Florence Ln 45 Unit Apartment Building For Sale Boise, ID 83704

Berkadia Boise Investment Sales is pleased to present the exclusive listing of The Pines Apartments, a 45-unit garden-style apartment community located at 7501 W Florence Lane in the West Bench neighborhood of Boise, Idaho.
The property was constructed in 1993 and renovated in 2023, offering a mix of a single one-bedroom and forty-four two-bedroom units ranging from 700 to 960 square feet. With stabilized rental income and 10 units awaiting full renovation, the property offers a variety of opportunities for new investors.
The Pines spans seven two-story wood-frame buildings on 2.957 acres, clad in stucco siding with pitched gable rooflines and an open-air garden-style corridor layout. Two finish schemes are in place across the community: renovated units feature vinyl plank flooring, painted white wood cabinetry, stainless steel appliances, and tile backsplash, while classic units retain original finishes with clear value-add potential. Select units offer vaulted ceilings, fireplaces, and private patios or balconies, with in-unit washers and dryers standard throughout.
On-site, residents enjoy an inner courtyard with garden space, a barbecue area with picnic tables, a playground, a dedicated storage closet, and covered carport parking across 102 total stalls, producing a 2.27-per-unit parking ratio. Additionally, residents may rent from the 15 available garages located on the property.
The West Bench location places residents within minutes of Boise Towne Square, N. Cole Road retail and dining, and direct freeway access via I-184, connecting the property to downtown Boise and the broader Treasure Valley employment corridor. Hyatt Hidden Lakes Reserve and the Boise River Greenbelt trail system are accessible nearby, reinforcing the neighborhood’s appeal to the outdoor-oriented renter profile that defines the Boise market.