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861 Beverly Hills Dr 3,320 SF Health Care Building Offered at $749,037 CAD at a 7.25% Cap Rate in Payette, ID 83661



Investment Highlights
- Opportunity to purchase NNN-leased investment with a seasoned operator
- Term of lease runs through December 2034
- 10-year NNN lease with lease extension options for additional 10 years
- 3% annual rent increases
Executive Summary
Berkadia Boise is pleased to present a well-established net leased property located at 861 Beverly Hills Drive in Payette, Idaho. Built in 1997, this property is part of an Assisted Living Portfolio, offering the flexibility to be acquired individually or as part of a larger portfolio.
The principals of the current tenant bring over 20 years of experience in senior living, having previously been involved with Ashley Manor. Strategically situated in the rapidly expanding Boise Metropolitan Statistical Area, the facility benefits from the region's diverse economy and strong population growth projections.
The principals of the current tenant bring over 20 years of experience in senior living, having previously been involved with Ashley Manor. Strategically situated in the rapidly expanding Boise Metropolitan Statistical Area, the facility benefits from the region's diverse economy and strong population growth projections.
Property Facts
| Price | $749,037 CAD | Lot Size | 0.30 AC |
| Price Per Bed | $83,226 CAD | Building Size | 3,320 SF |
| Sale Type | Investment | No. Beds | 9 |
| Cap Rate | 7.25% | No. Stories | 1 |
| Property Type | Health Care | Year Built | 1997 |
| Property Subtype | Assisted Living |
| Price | $749,037 CAD |
| Price Per Bed | $83,226 CAD |
| Sale Type | Investment |
| Cap Rate | 7.25% |
| Property Type | Health Care |
| Property Subtype | Assisted Living |
| Lot Size | 0.30 AC |
| Building Size | 3,320 SF |
| No. Beds | 9 |
| No. Stories | 1 |
| Year Built | 1997 |
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Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | P1352006012A | Improvements Assessment | $564,472 CAD |
| Land Assessment | $162,545 CAD | Total Assessment | $727,017 CAD |
Property Taxes
Parcel Number
P1352006012A
Land Assessment
$162,545 CAD
Improvements Assessment
$564,472 CAD
Total Assessment
$727,017 CAD
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861 Beverly Hills Dr
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