528 N 44th St

Nampa, ID 83687

A 24 unit brand new Class A apartment complex. Builder is working on the finishes with a targeted completion in June, making for the perfect timing for investing 1031 funds. This offering includes 2 12-Plex buildings on a 1-acre site. Each building is 3 levels with each level comprised of 3 2-bedroom 1 bath units and 1 1-bedroom 1 bath unit. Each unit is between 805-817sf. There are 48 parking spaces. 5.34% Cap Rate. Est $346,564 NOI. Less than 1 Mile to I-84 & Garrity Exit. Minutes from 2.7 million sf Amazon warehouse w/ around 2500 jobs. Includes full landscaping with pressurized irrigation & the North, East & South boundaries will have a 6 vinyl privacy fence. The builders have targeted a more high-end finish to attract a higher level of tenant. The units will be finished with a mid-level cabinet topped by quartz countertops & SS appliances (refrigerator, dishwasher, electric range, microwave, & washer/dryer). Mix of carpet & luxury vinyl plank flooring.

This is an Active listing.

Broker Office Phone Number: 208-377-0422

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