4623 W Catalpa Dr - Apartments FOR SALE


Boise, ID 83703- Collister
$3,149,000 USD
208-440-1926
4623 W Catalpa Dr, Boise, ID for Sale
$3,149,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

4623 W Catalpa Dr
Boise, ID 83703
Collister


HIGHLIGHTS

  • Well-Maintained Grounds
  • Close Proximity To Park And Bus Line
  • 10 Minutes From Downtown Boise

OVERVIEW

Lee & Associates is pleased to present a rare opportunity to acquire a fully stabilized, nine-unit portfolio (four duplexes and one A-frame house) situated on over one acre in highly desirable North Boise. This true turnkey asset features down-to-the-studs renovations in eight of the nine units. All major systems have been replaced, minimizing capital expenditure risk, including new electrical, plumbing, HVAC, water heaters, and premium interior finishes. All nine units are currently operating as stable long-term rentals, offering significant value-add potential.

FOR SALE DETAILS

PRICE

$3,149,000 USD

PRICE/SF

$450 USD /SF

# OF UNITS

9

PRICE/UNIT

$349,889

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1968

PARKING SPACES

18

LAND DETAILS

LAND ACRES

1.02 AC

LAND SF

44,475 SF

ZONING

R-1C

APN/PARCEL ID

S0629314837

ASK ABOUT THIS PROPERTY

Drey CampbellLee & Associates Idaho, LLCMore Info
208-440-1926

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Drey CampbellLee & Associates Idaho, LLCMore Info
208-440-1926

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