2225 Lexis Ln - Apartments FOR SALE


Nampa, ID 83686
$799,900 USD
208-466-4098
2225 Lexis Ln, Nampa, ID for Sale
$799,900 USD
Apartments - FOR SALE
1/4
null | 6% Cap Rate

2225 Lexis Ln
Nampa, ID 83686


HIGHLIGHTS

  • Newly painted exterior
  • Stable occupancy
  • Ample green space
  • Major commuter routes
  • Turnkey

OVERVIEW

Presenting a turnkey investment opportunity in South Nampa: this fully leased, professionally managed 4plex offers immediate cash flow with a CAP rate of 5.5-6%. The property features two spacious 2 bed/2 bath units and two 2 bed/1.5 bath units, each with 2 dedicated parking spaces. Residents enjoy ample green space within the complex, providing a peaceful and attractive setting. The building boasts a newly painted exterior, ensuring great curb appeal and low maintenance for years to come. Located in a desirable South Nampa neighborhood, this property is close to schools, shopping, and major commuter routes, making it highly attractive to tenants. With stable occupancy, professional management in place, and no deferred maintenance, this 4plex is a hassle-free, turnkey addition to any investment portfolio. Don’t miss your chance to own a quality multi-family asset in a growing area!

FOR SALE DETAILS

PRICE

$799,900 USD

PRICE/SF

$142 USD /SF

# OF UNITS

410

PRICE/UNIT

$1,951

CAP RATE

6%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lexis Creekside 4plex

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2005

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

RD

APN/PARCEL ID

3240313200

ASK ABOUT THIS PROPERTY

Ruth KmiecikPeterson & Associates RealtorsMore Info
208-466-4098

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Ruth KmiecikPeterson & Associates RealtorsMore Info
208-466-4098

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