1805 E Overland Rd - Apartments FOR SALE


Meridian, ID 83642- Southeast Meridian
$950,000 USD
208-412-4771
1805 E Overland Rd, Meridian, ID for Sale
$950,000 USD
Apartments - FOR SALE
1/11
null | 4.61% Cap Rate

1805 E Overland Rd
Meridian, ID 83642
Southeast Meridian


HIGHLIGHTS

  • Turnkey investment opportunity in a highly in-demand rental corridor
  • Well-maintained fourplex within an established community
  • Prime location just minutes from major freeway access
  • Shared community amenities include a fully furnished clubhouse
  • Shared community amenities include a seasonal pool
  • Shared community amenities include a 24-hour fitness center

OVERVIEW

A turnkey investment opportunity in one of Southeast Meridian's most in-demand rental corridors. This well-maintained fourplex sits within the established Sagecrest community, offering steady rental demand thanks to its prime location just minutes from I-84, Eagle Road, and the shopping, dining, and entertainment hubs of South Meridian. Each unit is designed for tenant appeal and low turnover, featuring functional split floor plans, full-size side-by-side washer/dryer, dishwasher, microwave, refrigerator, central air conditioning, and a private patio or balcony with extra storage. Sagecrest community's shared amenities include a fully furnished clubhouse available for resident events, a seasonal pool, 24-hour fitness center, and playground. Meridian's continued population growth and easy freeway access drive expanded demand. This fourplex presents a compelling opportunity for investors seeking reliable cash flow and long-term appreciation in a growing Treasure Valley.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$281 USD /SF

# OF UNITS

4

PRICE/UNIT

$237,500

CAP RATE

4.61%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Building 35

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2005

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.96 AC

LAND SF

41,818 SF

ZONING

L-O

APN/PARCEL ID

R7689250470

ASK ABOUT THIS PROPERTY

Tricia CalliesKW CommercialMore Info
208-412-4771

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Tricia CalliesKW CommercialMore Info
208-412-4771

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