1800 7th Ave N - Apartments FOR SALE


Payette, ID 83661
$2,800,000 USD
208-741-1538
1800 7th Ave N, Payette, ID for Sale
$2,800,000 USD
Apartments - FOR SALE
1/24
null | 6.1% Cap Rate

1800 7th Ave N
Payette, ID 83661


OVERVIEW

This newly constructed 14-unit multifamily complex was designed with modern efficiency, high-quality finishes, and long-term durability. The property already has established a strong profitable rental history, making it ideal for both seasoned and first-time multifamily investors. The Ember Apartment complex features fourteen 2 bedroom, 2 bath units that are 963 sq ft each. Key Features •High-Quality Materials & Craftsmanship •Energy-Efficient HVAC, Windows, & Insulation •Low-Maintenance Exterior & Landscaping •Fire-Suppression Systems, Security Entry Points, & LED lighting throughout Interior Highlights •Contemporary Open Floor Layouts •Stainless Steel Appliances •In-Unit Laundry (Upstairs Units Include Washers & Dryers) •Quartz Countertops •Quality Laminate Flooring & Plush Carpet Income & Financials •Stabilized Occupancy: Consistently Strong Since Completion •Low Operating Costs: Thanks to New-Build Efficiencies & Warranties •Current Monthly Gross Rent: (See Flyer) •Projected Cap Rate: 6.1%

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$208 USD /SF

# OF UNITS

14

PRICE/UNIT

$200,000

CAP RATE

6.1%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ember Apartments - 14 Units in Payette, ID

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2025

PARKING SPACES

2

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Tim DavisRywest Homes IncMore Info
208-741-1538

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Tim DavisRywest Homes IncMore Info
208-741-1538

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