For Sale

Listed by Troy Ashworth from Silvercreek Realty Group

Source: Intermountain Multiple Listing Service #98792028

622 N 44th St, Nampa, ID, 83687

$5,499,900

65
27342 sq. ft.
88151 sq. ft.

Apartment

•

30+ days on the market

What's around 622 N 44th St

About this property

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.

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