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622 N 44th St

Nampa ID 83687

65
27342 sq. ft.
88151 sq. ft.
Apartment
Currently for sale - view listing

Overview

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.

Features

65 carspaces
27342 sq. ft. floor area
88151 sq. ft. lot size
Apartment

Property history for 622 N 44th St

2020
Sold
Undisclosed
19 Aug 2020 by David Ferdinand, of Syme Real Estate
2019
Sold
Undisclosed
02 Aug 2019 by David Ferdinand, of Syme Real Estate

Happy sellers in Nampa

79%
79% of sellers in Nampa reported that their sale price either exceeded or met their price expectations.

Nampa stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 19 reviews in Nampa over the last 12 months.

Local market activity for apartments in Nampa

In the last 12 months, 1 apartment similar to 622 N 44th St, have been sold.

This represents a 50% increase in apartments sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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