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Quail Point Apartments 16090 N Merchant Way 12 Unit Apartment Building $4,474,813 CAD ($372,901 CAD/Unit) 5.34% Cap Rate Nampa, ID 83687
Executive Summary
Quail Point Apartments is a thoughtfully designed, three-story multifamily community offering modern living in one of Nampa's most convenient locations. Built in 2021, this 12-unit residential building features a curated selection of one- and three-bedroom floor plans ranging from 746 to 1,270 square feet, each finished to a high standard with today's renter in mind. Every unit showcases an open-concept layout with granite countertops, stainless steel appliances, sleek laminate flooring, and an in-unit washer and dryer — delivering a truly turnkey living experience. Generous storage is woven throughout, including well-appointed kitchen cabinetry, walk-in closets, and private patio or balcony space. Community amenities complement the interiors with covered parking, a pet-friendly fenced outdoor area, and an onsite
children's playground — making Quail Point a natural fit for a wide range of residents, from young professionals to growing families.
children's playground — making Quail Point a natural fit for a wide range of residents, from young professionals to growing families.
Property Facts
| Price | $4,474,813 CAD | Building Class | B |
| Price Per Unit | $372,901 CAD | Lot Size | 0.61 AC |
| Sale Type | Investment | Building Size | 12,241 SF |
| Cap Rate | 5.34% | Average Occupancy | 100% |
| No. Units | 12 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2021 |
| Property Subtype | Apartment | Parking Ratio | 1.14/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | BC - Community Business | ||
| Price | $4,474,813 CAD |
| Price Per Unit | $372,901 CAD |
| Sale Type | Investment |
| Cap Rate | 5.34% |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.61 AC |
| Building Size | 12,241 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2021 |
| Parking Ratio | 1.14/1,000 SF |
| Zoning | BC - Community Business |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | 746 |
| 3+2 | 6 | - | 1,270 |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 3098201000 | Improvements Assessment | $3,245,654 CAD |
| Land Assessment | $544,143 CAD | Total Assessment | $3,789,797 CAD |
Property Taxes
Parcel Number
3098201000
Land Assessment
$544,143 CAD
Improvements Assessment
$3,245,654 CAD
Total Assessment
$3,789,797 CAD
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Quail Point Apartments | 16090 N Merchant Way
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