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Investment Highlights
- Tenants enjoy off-street parking, private patios (in select units), ample storage, mature landscaping, and pet-friendly features.
- Units have been proactively managed and modernized with vinyl plank flooring, updated features and countertops, and new appliances.
- On-site laundry facility enhances tenant retention and boosts effective gross income.
Executive Summary
The Smith offers a mix of convenience and comfort in beautiful Nampa, Idaho. With two parcels located at 144 Smith Avenue and 135 Davis Avenue, this thoughtfully designed garden-style townhome community features 16 single-level units along with a detached two-story fourplex, providing residents a more private setting compared to nearby apartment communities. The unit mix contains 8 one-bedroom units and 12 two-bedroom units arranged on two separate parcels.
Residents enjoy new LVP flooring, modern fixtures, and updated countertops, with private patios in select units. Community amenities include covered carport parking, storage closets, mature trees, onsite laundry, and pet-friendly features.
Residents enjoy new LVP flooring, modern fixtures, and updated countertops, with private patios in select units. Community amenities include covered carport parking, storage closets, mature trees, onsite laundry, and pet-friendly features.
Property Facts
| Price | $4,761,120 CAD | Number of Properties | 2 |
| Price / SF | $296.09 CAD / SF | Individually For Sale | 1 |
| Cap Rate | 6% | Total Building Size | 16,080 SF |
| Sale Type | Investment | Total Land Area | 1.33 AC |
| Status | Active |
| Price | $4,761,120 CAD |
| Price / SF | $296.09 CAD / SF |
| Cap Rate | 6% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 1 |
| Total Building Size | 16,080 SF |
| Total Land Area | 1.33 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 144 Smith Ave, Nampa, ID 83651 | Multifamily | 13,600 SF | 1975 | $4,761,120 CAD |
| 135 Davis Ave, Nampa, ID 83651 | Multifamily | 2,480 SF | 1937 | - |
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