Boulder Creek 5713 Garrett St 136 Unit Apartment Building For Sale Boise, ID 83714

Berkadia Boise is pleased to present Boulder Creek Apartments, a 136-unit community located in Boise, ID. Built in 1978, the property offers one- and two-bedroom floor plans with select renovated units, and benefits from exceptional access to nearby retail, dining, and recreational amenities.
Boulder Creek sits northwest of downtown Boise in Garden City, near the Boise River, offering residents unbeatable access to the 25-mile River Greenbelt, Veterans Memorial Park, and the Boise Whitewater Park. The Garden City submarket of Boise is attracting significant private and public capital, most notably the recently completed AC Boise soccer complex, which brings Idaho's first professional men's and women's soccer franchises to the area, alongside ongoing urban renewal investment that continues to elevate Garden City's profile among residents and investors alike.
Boulder Creek has demonstrated strong tenant demand, currently operating at 96% occupancy. Select units have been fully renovated and are commanding recent rent premiums in excess of $150 per month over classic units, validating the renovation thesis. New investors have the opportunity to build on this foundation, with remaining unrenovated units representing approximately $229,200 in additional annual gross potential rent.
The property features an outdoor pool, on-site laundry, mature landscaping, enclosed dog parks, and outdoor kitchen areas for residents to experience a community focused lifestyle. Positioned along Highway 26 (Chinden Blvd), Boulder Creek offers convenient access to Downtown Boise and the North Meridian/Eagle corridor, appealing to young professionals and families seeking affordability in one of the Treasure Valley's fastest-growing locations.