144 Smith Ave - Apartments FOR SALE


Nampa, ID 83651
$3,500,000 USD
208-440-2486
144 Smith Ave, Nampa, ID for Sale
$3,500,000 USD
Apartments - FOR SALE
1/16
null | 6% Cap Rate

144 Smith Ave
Nampa, ID 83651


HIGHLIGHTS

  • Tenants enjoy off-street parking, private patios (in select units), ample storage, mature landscaping, and pet-friendly features.
  • On-site laundry facility enhances tenant retention and boosts effective gross income.
  • Units have been proactively managed and modernized with vinyl plank flooring, updated features and countertops, and new appliances— minimizing immedia

OVERVIEW

The Smith offers a mix of convenience and comfort in beautiful Nampa, Idaho. With two parcels located at 144 Smith Avenue and 135 Davis Avenue, this thoughtfully designed garden-style townhome community features 16 single-level units along with a detached two-story fourplex, providing residents a more private setting compared to nearby apartment communities. The unit mix contains 8 one-bedroom units and 12 two-bedroom units arranged on two separate parcels. Residents enjoy new LVP flooring, modern fixtures, and updated countertops, with private patios in select units. Community amenities include covered carport parking, storage closets, mature trees, onsite laundry, and pet-friendly features.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$257 USD /SF

# OF UNITS

20

PRICE/UNIT

$175,000

CAP RATE

6%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Smith

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

PARKING SPACES

24

LAND DETAILS

LAND ACRES

1.06 AC

LAND SF

46,174 SF

ZONING

-

APN/PARCEL ID

1492700000

ASK ABOUT THIS PROPERTY

Clay AndersonBerkadia Real Estate AdvisorsMore Info
208-440-2486

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Clay AndersonBerkadia Real Estate AdvisorsMore Info
208-440-2486

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