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Faits saillants de l'investissement
- Major Area Employment Demand
- Supply Compression – Demand Increasing
- Substantial Value-Add Runway
- Garden City – Primed for Growth
Résumé de l'annonce
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.
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.
Salle de données Cliquez ici pour accéder à
- Offering Memorandum
- Operating and Financials
Faits sur la propriété
| Type de vente | Investissement | Taille du lot | 7,18 AC |
| Nombre d’unités | 136 | Taille du bâtiment | 102 272 pi² |
| Type de propriété | Immeuble residentiel | Occupation moyenne | 98% |
| Sous-type de propriété | Appartement | Nombre d’étages | 2 |
| Style d’appartement | Jardin | Année de construction/rénovation | 1978/1989 |
| Classe d’immeuble | B | Ratio de stationnement | 2,46/1 000 pi² |
| Zonage | R-20 | ||
| Type de vente | Investissement |
| Nombre d’unités | 136 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | Jardin |
| Classe d’immeuble | B |
| Taille du lot | 7,18 AC |
| Taille du bâtiment | 102 272 pi² |
| Occupation moyenne | 98% |
| Nombre d’étages | 2 |
| Année de construction/rénovation | 1978/1989 |
| Ratio de stationnement | 2,46/1 000 pi² |
| Zonage | R-20 |
Commodités
Commodités des unités
- Climatisation
- Prêt pour le câble
- Lave-vaisselle
- Traitement des déchets
- Chauffage
- Ventilateurs de plafond
- Cuisine
- Fourchette
- Bain/Douche
- Tapis
- Salle à manger
- Plancher de vinyle
- Couvre-fenêtres
Commodités du site
- Centre d’affaires
- Centre de conditionnement physique
- Installations de lessive
- Terrain de jeu
- Piscine
- Gestionnaire d'immeuble sur place
- Spa
- Terrain de basketball
- Service d'emballage
- Entretien sur place
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 1+1 | 40 | - | 560 |
| 2+1 | 96 | - | 832 |
1 1
Assez accessible à pied
40/100
Moyennement adapté aux voitures
70/100
Transports en commun limités
30/100
Moyennement accessible en vélo
60/100
Impôts fonciers
| Numéro de lot | S0526131330 | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 0 $ CAD | Évaluation totale | 33 055 130 $ CAD |
Impôts fonciers
Numéro de lot
S0526131330
Évaluation du terrain
0 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
33 055 130 $ CAD
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Boulder Creek | 5713 Garrett St
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