Virginia Street Multi-Family FOR SALE


New Meadows, ID
$3,600,000 USD
208-630-4702
, New Meadows, ID for Sale
$3,600,000 USD
Multi-Family - FOR SALE
1/4
null | 5.42% Cap Rate

Virginia Street
New Meadows, ID


HIGHLIGHTS

  • New 2023 construction designed for low maintenance and long-term durability.
  • Four modern 2-bed/2-bath units with open, inviting floor plans that appeal to tenants.
  • Energy-efficient building design helps reduce utility and operating expenses.
  • Separately metered utilities provide straightforward management and cleaner financials.
  • Consistent rental demand supports steady occupancy and reliable cash flow.
  • Well-built, comfortable homes that encourage tenant stability and long-term residency.

OVERVIEW

Introducing a newly built (2023) four-building multifamily complex located in the growing community of New Meadows, Idaho. This turn-key investment offers four identical 4-plex buildings—totaling 16 units and 18,496 SF—each featuring spacious 2-bedroom / 2-bath layouts designed for comfort, durability, and long-term tenant appeal. Every unit includes a modern open-concept floor plan, generous living space, and a gourmet kitchen equipped with stainless steel appliances including range/oven, microwave, refrigerator, and dishwasher. Each 4-plex sits on its own parcel, providing exceptional flexibility for future disposition strategies. Investors may maintain the property as a 16-unit complex, sell buildings individually, or pursue future condo-style sales. Energy-efficient systems and separately metered utilities help reduce operating costs and streamline management. Quality new-build finishes throughout the property support tenant satisfaction and long-term retention. All units are newly leased, offering immediate cash flow in a market with limited new construction and strong rental demand. This is a rare opportunity to acquire a fully stabilized, newly built multifamily complex in a desirable and rapidly developing Idaho location. Buildings may be acquired individually or as a complete 16-unit portfolio.

ASK ABOUT THIS PROPERTY

Michele BasyeBrundage RealtyMore Info
208-630-4702

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Michele BasyeBrundage RealtyMore Info
208-630-4702

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