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4623 W Catalpa Dr 9 Unit Apartment Building $4,283,616 CAD ($475,957 CAD/Unit) Boise, ID 83703
Investment Highlights
- Well-Maintained Grounds
- 10 Minutes From Downtown Boise
- Close Proximity To Park And Bus Line
Executive Summary
Lee & Associates is pleased to present a rare opportunity to acquire a fully stabilized, nine-unit portfolio (four duplexes and one A-frame house) situated on over one acre in highly desirable North Boise. This true turnkey asset features down-to-the-studs renovations in eight of the nine units. All major systems have been replaced, minimizing capital expenditure risk, including new electrical, plumbing, HVAC, water heaters, and premium interior finishes. All nine units are currently operating as stable long-term rentals, offering significant value-add potential.
Property Facts
| Price | $4,283,616 CAD | Building Class | C |
| Price Per Unit | $475,957 CAD | Lot Size | 1.02 AC |
| Sale Type | Investment | Building Size | 6,992 SF |
| No. Units | 9 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1968 |
| Apartment Style | Garden | Parking Ratio | 2.57/1,000 SF |
| Zoning | R-1C | ||
| Price | $4,283,616 CAD |
| Price Per Unit | $475,957 CAD |
| Sale Type | Investment |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.02 AC |
| Building Size | 6,992 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1968 |
| Parking Ratio | 2.57/1,000 SF |
| Zoning | R-1C |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Storage Space
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | 750 - 825 |
| 2+2 | 3 | - | 1,200 - 1,250 |
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Property Taxes
| Parcel Number | S0629314837 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $2,547,824 CAD |
Property Taxes
Parcel Number
S0629314837
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,547,824 CAD
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4623 W Catalpa Dr
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