622 N 44th St N
Nampa, Idaho 83687

$5,499,900
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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...
Listing Courtesy of Silvercreek Realty Group
$5,499,900
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56
Bedrooms
27,342 Sq Ft.
Interior
2.02 Acres
Exterior
Commercial
Property type
2021
Year Built
98792038
Web Id
98792038
MLS ID
Nampa 131
School District
361
days ago
This Property is Currently Contract Pending

About 622 N 44th St N

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.

Listing Courtesy of Silvercreek Realty Group, Intermountain MLS

Amenities

  • Hardwood Flooring
  • Cedar Siding & Composition Shingle Roof

features

cooling
Electric, Heat Pump, Central Air
Additional Listing Type
New Construction, New Construction, In Contract

PROPERTY INFORMATION

Cooling
Central Air
Heating
Electric, Forced Air, Heat Pump

EXTERIOR

Exterior Features
Paved Outside Area
Roofing
Composition

INTERIOR

Flooring
Wood

ADDITIONAL INFORMATION

Number of Units
1-7
Listing Courtesy of Silvercreek Realty Group
Listing Courtesy of Silvercreek Realty Group
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