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$6,750,000
600 N 44th St, Nampa, ID 83687
42 Beds
0 Baths
19,446 SqFt

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A rare commercial multi-family build job opportunity. 2 12-Plex buildings on a 1-acre site. Each building is 3 levels with each level comprised of 3 2-bed 1 bath units & 1 1-bed 1 bath unit. Each unit is between 805-817sf. There are 48 parking spaces. 5.00% Cap Rate. Est $337,441 NOI. Includes full landscaping with pressurized irrigation & the North, East & South boundaries will have a 6’ vinyl privacy fence. The builder is currently in the process of obtaining the building permits with the goal of starting construction in early August with an approximate completion date of Spring of 2023.The builders have targeted a more high-end finish to attract a higher level of tenant. The units will be finished with a mid-level cabinet topped by quartz countertops & SS appliances (refrigerator, dishwasher, electric range, microwave, & washer/dryer). Mix of carpet & luxury vinyl plank flooring.
  • Price:
  • $6,750,000
  • Bedrooms:
  • 42
  • Square Footage:
  • 19,446
  • Acreage:
  • 0.98
  • Year Built:
  • 2023
  • Listing ID #:
  • 98839410
  • Street Address:
  • 600 N 44th St
  • City:
  • Nampa
  • State:
  • Idaho
  • Postal Code:
  • 83687
  • County:
  • Canyon
  • Community:
  • Nampa Ne (87) - 1250
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial Sale
  • Construction Type:
  • Frame, Other, Stucco
  • Exterior Features:
  • Paved Outside Area
  • New Construction:
  • Yes
  • Number Of Units:
  • 24
  • Stories:
  • 3
  • Total Building Square Footage:
  • 19446
  • Type Of Roof:
  • Composition
  • Year Built:
  • 2023
  • Business Type:
  • Multi-Family
  • Gross Income:
  • 423481
  • Net Operating Income:
  • 337441
  • Operating Expense:
  • 86040
  • Lot Features:
  • 1/2 - .99 Acre, Lawn Sprinklers
  • Lot Size:
  • 0.98
  • Lot Size Units:
  • Acres
  • Lot Square Footage:
  • 42688.8
  • Suitable Use:
  • Multi Family Suitable(garden/Low Rise)
  • Zoning Description:
  • Rmh
  • Days On Market:
  • 68
  • For Sale Or Lease?:
  • For Sale
  • Originating Mls:
  • Imls 2
  • Terms:
  • Cash, Conventional
  • Property Taxes:
  • $34,204
  • Fence:
  • Partial, Fenced
  • Parking Description:
  • 21 - 50 Spaces
  • Parking Spaces:
  • 48
  • Cooling System:
  • Central Air
  • Existing Water:
  • City Service
  • Has Central Air Conditioning:
  • Yes
  • Heating:
  • Electric, Forced Air
  • Utilities:
  • Sewer Connected, Cable Connected
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Silvercreek Realty Group
  • IDBOISE

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