Creekstone Apartments – Turnkey 12-Unit Multi-Family FOR SALE


Garden City, ID - Northwest Section
$2,925,000 USD
208-375-9700
, Garden City, ID for Sale
$2,925,000 USD
Multi-Family - FOR SALE
1/28
null | 4.5% Cap Rate

Creekstone Apartments – Turnkey 12-Unit
Garden City, ID
Northwest Section


HIGHLIGHTS

  • Exceptionally maintained - Professionally Landscaped - High Tenant Retention

OVERVIEW

Creekstone Apartments is a rare offering consisting of three individually-titled fourplex buildings, ideally located in Garden City, Idaho, with direct access to the Boise Greenbelt. This single-owner property has been expertly maintained and thoughtfully improved with every tenant turnover, resulting in a well-run, low-maintenance asset. Tenant retention is exceptional, with some residents in place for over a decade and an average stay of five years. Interiors and exteriors are in excellent condition, ensuring minimal ongoing capital expenses and stable, long-term returns. Located just minutes from Downtown Boise, Eagle, and Meridian, this property benefits from strong rental demand and the continued growth of the Treasure Valley multifamily market. Highlights: 12 total units across 3 fourplex buildings (individually titled) Consistently high tenant retention with low turnover costs Proven management and upkeep history Excellent proximity to employment centers and recreation Strong rent growth and low vacancy in the submarket (Owner agent)

ASK ABOUT THIS PROPERTY

Darrin JaszkowiakRE/MAX AdvisorsMore Info
208-375-9700

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Darrin JaszkowiakRE/MAX AdvisorsMore Info
208-375-9700

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