$5,499,900

622 N 44th St

Nampa ID, 83687

Description

Rare opportunity to purchase a newly built Class A apartment complex. Comprised of 7 4-plexes on 2 acres. The property is being sold as one, but each 4-plex can be on its own parcel and sold off separately. Subdivision plat has been preliminarily approved. Property is being built out as a higher-end rental (quartz counters, SS appliances) & low maintenance, demanding high rents & yielding a huge 5.73% cap rate. Generate over $300K annually, or put 30% down, and still have a 6-figure+ residual income.

Details

MLS#98792028
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusPending
Year2021
Days On Site234

Features

Bed(s)16
Bath(s)16
SQ Feet27,342
BasementY
Acreage2.02

Market Activity 83687

Loading Form
Area Information
StateID
CountyCanyon
CityNampa
Zip Code83687
AreaNampa NE (87) - 1250
Community Name0 Not Applic.
School DistrictNampa School District #131
Elementary SchoolEndeavor Nampa
Middle SchoolEast Valley Mid
High SchoolColumbia
Listing VS Median (in 0 Not Applic.)
Price:
$5,499,900
low | high
Med:
$320,000
100% of Average
SqFt:
27,342
low | high
Med:
0
100% of Average
$ / SqFt:
$201
low | high
Med:
$0
100% of Average
On Site:
234
low | high
Med:
89
100% of Average
Sourced by Back At You
Listing Updated: September 14, 2021 1:44:21 PM PDT
Troy Ashworth LogoMLS Number: 98792028
Listing Provided By:
Troy Ashworth  of  Silvercreek Realty Group
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Intermountain Multiple Listing Service Western Magic Valley REALTORS® MLS.