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200 37th and 201/205 W 38th st - 220 UNIT APPROVED MULTI-FAMILY DEVELOPMENT 2.7 Acres of Commercial Land Offered at $5,702,523 CAD in Garden City, ID 83714
Investment Highlights
- Unique opportunity for 200+ units in prime location.
- C-2 zoning allows for potential repositioning as storage or other commercial uses. Annual Income $121,264 (Dec 2022)
- Optimal commuter location with 2-minute access to I-84 and downtown Boise.
Executive Summary
$4,180,000 ($19,000/door).
Annual Income $120,264 (Dec 2022).
Annual Income $120,264 (Dec 2022).
Property Facts
1 Lot Available
Lot
| Price | $5,702,523 CAD | Lot Size | 2.70 AC |
| Price Per AC | $2,112,045.71 CAD |
| Price | $5,702,523 CAD |
| Price Per AC | $2,112,045.71 CAD |
| Lot Size | 2.70 AC |
C-2 zoning allows for potential repositioning as storage or other commercial uses.
Description
Located within the South of Chinden Urban Renewal District. Optimal commuter location with 2-minute access to I-84 and downtown Boise. Only a few blocks away from the greenbelt, Esther Simplot park, Quinn’s pond. High-end surrounding lifestyle amenities in the Garden City Arts District. Unique opportunity for 200+ units in prime location. Premium amenities included in project. Roof top deck features unrestricted views of the Boise River, foothills and downtown. Annual Income $120,264 (Dec 2022).
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
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200 37th and 201/205 W 38th st - 220 UNIT APPROVED MULTI-FAMILY DEVELOPMENT
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