1017 S Maple St - Apartments FOR SALE


Nampa, ID 83686- Downtown Nampa
$3,200,000 USD
208-859-2818
1017 S Maple St, Nampa, ID for Sale
$3,200,000 USD
Apartments - FOR SALE
1/26
null | 4.75% Cap Rate

1017 S Maple St
Nampa, ID 83686
Downtown Nampa


HIGHLIGHTS

  • Exterior: Hardy Siding / Vinyl Windows / New Exterior Paint / New Fencing
  • Interior: LVP flooring & Carpet / Paint / Fixtures / Some Cabinets
  • Only $200,000 per unit, well under replacement cost
  • 100% occupied
  • Coin laundry

OVERVIEW

This small apartment complex is the next step in your journey toward financial independence through investing in real estate. 16 units plus a coin laundry located in the Boise MSA near the NNU campus in Nampa. 11 2-bedroom units and 5 1-bedroom units. Newer roofs, windows, siding, fencing & most units have upgraded interiors. Only $200K/unit, well under replacement cost. 5.25 CAP once a few remaining rents are increased to the market rate for this property. Professionally managed.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$195 USD /SF

# OF UNITS

16

PRICE/UNIT

$200,000

CAP RATE

4.75%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Maples Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1977

PARKING SPACES

29

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,750 SF

ZONING

-

APN/PARCEL ID

R1150600000

ASK ABOUT THIS PROPERTY

Curtis EllisElevate Realty, Commercial & InvestmentsMore Info
208-859-2818

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Curtis EllisElevate Realty, Commercial & InvestmentsMore Info
208-859-2818

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