CBRE is pleased to present the opportunity to acquire Sugar Pine, a well-located 56-unit multifamily asset in Boise, just minutes from the airport and only seven minutes from downtown. Built in 1976, the property is almost entirely composed of two-bedroom townhomes. Many units include fenced patios, LVP flooring, quartz countertops, upgraded LED lighting, and stainless steel appliances. Residents can enjoy a refreshing community pool, expansive green spaces for pets, covered parking, and on-site management services.
As Boise continues to experience rapid growth and shifting demographics, Sugar Pine 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. With strong rent growth and low vacancy rates, Sugar Pine is poised for exceptional performance in the coming years. Additionally, the property presents a prime opportunity for investors to implement a value-add strategy to further enhance returns.