$799,900
bedrooms
7
bathrooms
7
square feet
5,327
Acreage
0.16
Open Houses
-
year built
-
Full Baths
7
Half Baths
0
Incredible 5.4% cap rate investment opportunity w/ massive room to add value in the heart of downtown Nampa, Idaho walking distance to your favorite eateries & entertainment! Property includes 2 multi-family buildings side-by-side, 6 parking spaces, & rentable billboard box sign. *Building #1 is a fully renovated & occupied cash-flowing 4-plex. Including new roof, windows, separate electrical meters, plumbing & new water heaters. All properly permitted through the city. *Building #2 is a triplex currently under rehab (2 bed, 1 bath / 1 bed, 1 bath / studio, 1 bath) New roof installed in 2022 & 3 separate power meters. Demo permit approved, building permit coming soon. *Purchase project now at current price & condition & build in a greater profit. Price will increase as each phase of development gets finished. End ARV/price will be ~$1.4m w/ 7.5% cap rate. This is an incredible opportunity to build in substantially greater equity. Further value comes from the rentable billboard box sign on its own power meter.
| Location | |
| Subdivision | 0 Not Applic. |
| County | Canyon |
| Elementary School | Central |
| Middle School | West Middle Nam |
| High School | Nampa |
Open houses
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MLS number: 98933024
Listing agent:
Aaron Williams
Listing broker:
Silvercreek Realty Group
(208) 377-0422
Copyright © 2025 Intermountain Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Tuesday, January 14 2025 at 11:01 p.m. EST
Kotohomes National