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973 Foster Ave
Mountain Home, ID 83647
Wolf Street Land · Land For Sale
·
1.36 AC
INVESTMENT HIGHLIGHTS
- This development opportunity has 26 fully entitled and permitted lots ready for vertical construction
- Strategic Location located south of Boise, ID along I-84 and less than 35 mins. from Micron Technologies' $15B expansion
- Neighboring project is comprised of 3 buildings demonstrating strong market demand with 11 /12 units leased and rent increases with each new agreement
EXECUTIVE SUMMARY
PROPERTY OVERVIEW
* Each Unit Individually Metered
* Attached Garages
* Proximity to Mountain Home Air Force Base
* Strong BTR Fundamentals Point to Mark-To-Market Upside Post Lease-Up
THE COMMUNITY
* Mountain Home, a vibrant rural community of 15,000, one can find big-city conveniences concentrated in a small-town, friendly atmosphere.
* Once a desert oasis along the Oregon Trail and, even today, the city remains a central location for travelers exploring Southern Idaho.
* Visitors and residents alike enjoy a wide variety of local recreational activities offered by our surroundings. Within a short drive, hot springs, Anderson Ranch Reservoir, and Crater Rings offer unique outdoor adventures. Around town, the local history museum and farmers markets, along with plenty of parks and hiking trails, make this place one of the best ways to experience Idaho’s high desert.
STRATEGIC LOCATION
* Mountain Homes, ID, located south of Boise, Idaho along I-84, is less than 35 minutes from Micron Technologies' $15 billion expansion in the region, which would expand R&D and chip manufacturing capabilities. The project would bring more than 2,000 direct jobs and an additional 17,000 indirect jobs to Greater Idaho.
* Each Unit Individually Metered
* Attached Garages
* Proximity to Mountain Home Air Force Base
* Strong BTR Fundamentals Point to Mark-To-Market Upside Post Lease-Up
THE COMMUNITY
* Mountain Home, a vibrant rural community of 15,000, one can find big-city conveniences concentrated in a small-town, friendly atmosphere.
* Once a desert oasis along the Oregon Trail and, even today, the city remains a central location for travelers exploring Southern Idaho.
* Visitors and residents alike enjoy a wide variety of local recreational activities offered by our surroundings. Within a short drive, hot springs, Anderson Ranch Reservoir, and Crater Rings offer unique outdoor adventures. Around town, the local history museum and farmers markets, along with plenty of parks and hiking trails, make this place one of the best ways to experience Idaho’s high desert.
STRATEGIC LOCATION
* Mountain Homes, ID, located south of Boise, Idaho along I-84, is less than 35 minutes from Micron Technologies' $15 billion expansion in the region, which would expand R&D and chip manufacturing capabilities. The project would bring more than 2,000 direct jobs and an additional 17,000 indirect jobs to Greater Idaho.
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | Single Family Development |
| No. Lots | 1 | Total Lot Size | 1.36 AC |
| Property Type | Land | ||
| Zoning | R4 - High Density Residential | ||
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Single Family Development |
| Total Lot Size | 1.36 AC |
| Zoning | R4 - High Density Residential |
1 LOT AVAILABLE
Lot
| Price | $3,071,024 CAD | Lot Size | 1.36 AC |
| Price Per AC | $2,258,105.94 CAD |
| Price | $3,071,024 CAD |
| Price Per AC | $2,258,105.94 CAD |
| Lot Size | 1.36 AC |
This development opportunity has 26 fully entitled and permitted lots ready for vertical construction; this project is perfectly positioned for growth.
DESCRIPTION
* Each Unit is Individually Metered * Attached Garages * Proximity to Mountain Home Air Force Base * Strong BTR Fundamentals (Point to Mark-to-Market Upside Post Lease-Up)
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