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Sugar Pine Townhomes 2901 Robert Ln 56 Unit Apartment Building For Sale Boise, ID 83705
Investment Highlights
- Well-located townhome asset
- Prime location just minutes from the Boise Airport and downtown
- Community amenities include a refreshing pool and covered parking
- Large two-bedroom townhomes with contemporary finishes and desirable amenities
- Fenced patios and expansive green spaces enhance outdoor living
Executive Summary
CBRE is pleased to present the opportunity to acquire Sugar Pine, a well-located 56-unit multifamily asset in Boise, just minutes from the airport and only seven minutes from downtown. Built in 1976, the property is almost entirely composed of two-bedroom townhomes. Many units include fenced patios, LVP flooring, quartz countertops, upgraded LED lighting, and stainless steel appliances. Residents can enjoy a refreshing community pool, expansive green spaces for pets, covered parking, and on-site management services.
As Boise continues to experience rapid growth and shifting demographics, Sugar Pine is positioned in a high-demand area, making it an ideal investment for those looking to enter or expand their presence in the Boise market. With strong rent growth and low vacancy rates, Sugar Pine is poised for exceptional performance in the coming years. Additionally, the property presents a prime opportunity for investors to implement a value-add strategy to further enhance returns.
As Boise continues to experience rapid growth and shifting demographics, Sugar Pine is positioned in a high-demand area, making it an ideal investment for those looking to enter or expand their presence in the Boise market. With strong rent growth and low vacancy rates, Sugar Pine is poised for exceptional performance in the coming years. Additionally, the property presents a prime opportunity for investors to implement a value-add strategy to further enhance returns.
Property Facts
| Sale Type | Investment | Lot Size | 3.55 AC |
| No. Units | 56 | Building Size | 48,480 SF |
| Property Type | Multifamily | Average Occupancy | 98% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1976/2015 |
| Building Class | C | Parking Ratio | 2.08/1,000 SF |
| Zoning | R-3 - City of Boise R-3 - Residential: Urban | ||
| Sale Type | Investment |
| No. Units | 56 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 3.55 AC |
| Building Size | 48,480 SF |
| Average Occupancy | 98% |
| No. Stories | 2 |
| Year Built/Renovated | 1976/2015 |
| Parking Ratio | 2.08/1,000 SF |
| Zoning | R-3 - City of Boise R-3 - Residential: Urban |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Washer/Dryer
- Washer/Dryer Hookup
- Kitchen
- Yard
Site Amenities
- Laundry Facilities
- Pool
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | 520 |
| 2+1.5 | 54 | - | 800 |
| 2+2 | 1 | - | 1,000 |
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Property Taxes
| Parcel Number | R1100000460 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $14,201,531 CAD |
Property Taxes
Parcel Number
R1100000460
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$14,201,531 CAD
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Sugar Pine Townhomes | 2901 Robert Ln
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