3126 E. Victory Rd - Apartments FOR SALE


Nampa, ID 83687
$84,025,000 USD
3126 E. Victory Rd, Nampa, ID for Sale
$84,025,000 USD
Apartments - FOR SALE
1/8
null | 5% Cap Rate

3126 E. Victory Rd
Nampa, ID 83687


OVERVIEW

Introducing a brand-new 300-unit apartment complex located at the prime intersection of Victory and Kings Roads in Nampa, Idaho. This exceptional property is strategically situated near the College of Western Idaho and a thriving category killer retail center, making it an attractive residence for a diverse tenant base. Designed with modern living in mind, the complex features state-of-the-art amenities, spacious floor plans, and high-quality finishes that cater to the needs of today’s renters. Residents will enjoy access to a range of facilities, including a fitness center, community lounge, outdoor recreational areas, and ample parking, ensuring a lifestyle of convenience and comfort. The property's location is a major draw, providing easy access to major transportation routes and proximity to educational institutions, shopping, dining, and entertainment options. The vibrant community atmosphere and robust economic growth in Nampa further enhance the appeal of this investment. Note pictures are from a similar property by the same builder. There are a total of fourteen (14) buildings in the complex. There are three (3) 12 plexes and eleven (11) 24 plexes. Phase One including 120 units is under construction now. See our listing for all buildings included in that phase.

FOR SALE DETAILS

PRICE

$84,025,000 USD

PRICE/SF

$301 USD /SF

# OF UNITS

300

PRICE/UNIT

$280,083

CAP RATE

5%

% LEASED

-

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kings Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2027

PARKING SPACES

-

LAND DETAILS

LAND ACRES

14.18 AC

LAND SF

617,681 SF

ZONING

-

APN/PARCEL ID

3174700000

ASK ABOUT THIS PROPERTY

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