1011 S Orchard St - Apartments FOR SALE


Boise, ID 83705- Central Bench
$3,600,000 USD
208-890-8636
1011 S Orchard St, Boise, ID for Sale
$3,600,000 USD
Apartments - FOR SALE
1/9
null | 4.07% Cap Rate

1011 S Orchard St
Boise, ID 83705
Central Bench


HIGHLIGHTS

  • Brand New Units will be available for occupancy in April 2025, upon completion.
  • Property is built with ICF (Insulated Concrete Foam) for energy effeciency, sound barrier and should last longer than a wood frame building.
  • Property is centrally located on the Boise Bench. Please request link to the virtual tour.

OVERVIEW

These units are almost completed, and we have tenants wanting to move in! Brand new (8) eight-unit multifamily townhome project is an available investment opportunity on the BOISE BENCH and close to downtown Boise, the Boise River and Greenbelt, the connector, The Village, Townsquare Mall, Hospitals, and more! Includes Two, 1-bedroom and six 2-bedroom units, all with an attached garage and small fenced yard. The units come with modern finishes, Luxury Vinyl Plank throughout, Quartz countertops, tiled bathrooms, and a small deck. LOCATION, LOCATION LOCATION! This property is built with ICF (insulated concrete foam) which costs more than a standard wood frame, but provides more to the property; energy efficiency, a better sound barrier between units, and a sturdier build. See all the benefits ICF offers for yourself.

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$300 USD /SF

# OF UNITS

8

PRICE/UNIT

$450,000

CAP RATE

4.07%

% LEASED

-

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

MULTIFAMILY ON THE BENCH

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing, Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2025

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

MF

APN/PARCEL ID

R5128002640

ASK ABOUT THIS PROPERTY

Renée RaymesCommercial Broker Connect Real EstateMore Info
208-890-8636

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Renée RaymesCommercial Broker Connect Real EstateMore Info
208-890-8636

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.