Property Search Details

5106 W Fairview Ave. Boise, ID 83706

Directions

From Orchard and Fairview, West on Fairview to address.

Price: $5,000,000
Beds:
Baths: 0
Garages:
Type:
Area: Boise West - 0600
Land Size: 1 - 4.99 Acres
SqFt: 0
Acres: 1.94
Construction: Brick, Concrete, Frame, Masonry, Stucco

Includes

Air Conditioned: true
Water: City Service

Contact for more details:

A-Team Consultants
1099 S Wells St #200, Meridian, ID 83642
Phone: 208.761.1735   Email: info@ateamboise.com

Description

Fairview Village represents a two-phase multifamily development, approved by Boise`s Design Review Commission following rigorous public review. A fully entitled, 205-unit multifamily opportunity on the Boise Bench that`s ready for the developer who moves with conviction. Seller is offering 2 separate sets of plans . The current Podium build, designed for maximum capital efficiency, with a unit mix built to capture Boise`s most active rental demand segment: workforce and moderate-income households. Utilize flexible execution paths like layered public financing (LIHTC, HUD 221(d)(4), tax-exempt bonds) or a pivot to market-rate garden-style delivery with a strategic capital stack. Boise`s fundamentals do the talking: 3.2% rent growth, sub-5.4% vacancy, and a supply pipeline that has materially contracted. The entitlements are done. The only question: who`s ready to build. This is the deal for a developer who knows that the best time to move in Boise was five years ago, and the second best time is now.
Legal Description:
LOTS 28-32 INC BLK 05 CRUZEN MTN VIEW ADD #0895-B; LOTS 25-27 INC BLK 05 CRUZEN MTN VIEW ADD #0895-S; LOTS 1 TO 14 INC BLK 5 CRUZEN MTN VIEW ADD; LOTS 15/16 BLK 5 CRUZEN MTN VIEW ADD
Listing info for this property courtesy of  Silvercreek Realty Group  Information deemed reliable but not guaranteed. Buyer to verify all information. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s), shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.