$5,999,900
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14 Beds
8 Baths
19,446 SqFt
SOLD DATE : 09/12/2024
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 19,446 sqft
Price per Sqft $308
Subdivision 0 Not Applic.
MLS Listing ID 98902373
Sold Date 09/12/24
Bedrooms 14
HOA Y/N Yes
Originating Board IMLS 2
Year Built 2024
Annual Tax Amount $4,292
Tax Year 2023
Lot Size 0.980 Acres
Acres 0.98
Property Description
* Denali Park Commons is a brand new high-end multifamily property comprised of two buildings situated on a 1-acre site. * Lease up has started filling 4 units in first full week at projected rents. * 24-unit mix of 2BR/1BA and 1BR/1BA, each with a refrigerator, dishwasher, microwave, washer, dryer, quartz countertops, vinyl plank flooring, and more. * Featuring 48 parking stalls, including two ADA-accessible stalls, full landscaping with pressurized irrigation, and a 6-foot vinyl privacy fence. * Invest in an up-and-coming area as the population within a 5-mile radius is projected to rise by 21% through 2028 to over 162,000 residents. * Superior accessibility, 1 mile/5 minutes to I-84, 3 miles/7 minutes to Amazon’s 2.7M-SF warehouse, 17 miles/22 minutes to Downtown Boise. * Pro forma cap rate of 5.83% and estimated net operating income of $349,683. This is 1031 exchange compatible.
Location
State ID
County Canyon
Area Nampa Ne (87) - 1250
Zoning RMH
Direction I-84->S on Garrity->E on Flamingo->S on Happy Valley->W on Airport->N on 44th
Interior
Heating Electric, Forced Air
Cooling Central Air, All Units
Fireplace No
Appliance Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (All Units)
Laundry Washer/Dryer Hookups (All Units)
Exterior
Fence Partial, Vinyl
Community Features 5+ Units
Utilities Available Sewer Connected, Cable Connected
Roof Type Composition
Accessibility Handicap Parking
Handicap Access Handicap Parking
Total Parking Spaces 48
Building
Lot Description 1/2 - .99 Acre, Irrigation, Sidewalks, Sbjt to Fair Housing Stnd
Faces I-84->S on Garrity->E on Flamingo->S on Happy Valley->W on Airport->N on 44th
Foundation Slab
Water City Service
Structure Type Frame,Stucco,HardiPlank Type
New Construction No
Schools
Elementary Schools Endeavor Nampa
High Schools Columbia
School District Nampa School District #131
Others
Tax ID R3171401000
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
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