208-695-3462
1368 N Hartman St, Boise, ID for Sale
Apartments - FOR SALE
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1368 N Hartman St
Boise, ID 83704
West Bench


HIGHLIGHTS

  • Proven value-add program with 51% of units fully renovated and a clear path to completion.
  • Strong operating performance with a sub-40% expense ratio and 7.0% total revenue growth year-over-year.
  • Robust amenity package including a clubhouse, fitness center, pool, and courtyard.
  • Prime West Bench location with immediate access to retail, dining, and services along Fairview Avenue.

OVERVIEW

CBRE is pleased to present Central Pointe, a 200-unit multifamily asset situated in Boise’s established West Bench neighborhood, just five miles west of Downtown Boise. Central Pointe’s amenity package includes a resident clubhouse with a 24-hour fitness center and business center, community pool, courtyard, playground, and on-site laundry facilities. The property benefits from a densely populated commercial corridor offering residents immediate access to an abundance of retail, dining, and service options, complemented by a family-friendly suburban character and quality public schools that support durable, long-term rental demand. Central Pointe has been meticulously maintained, with 51% of units fully renovated and an additional 10% partially renovated. The in-place renovation program provides prospective buyers with a proven value-add roadmap and demonstrated rental premiums. As Boise continues to experience rapid growth and shifting demographics, Central Pointe is positioned in a high-demand area, making it an ideal investment for those looking to enter or expand their presence in the Boise market.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

200

CAP RATE

Request Cap Rate

% LEASED

92%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Central Pointe

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

PARKING SPACES

400

LAND DETAILS

LAND ACRES

10.21 AC

LAND SF

444,748 SF

ZONING

R-2

APN/PARCEL ID

R1097500960,S1007110300

ASK ABOUT THIS PROPERTY

208-695-3462

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208-695-3462

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