Property Search Details

Description

Excellent opportunity to own an 8% CAP rate four-plex less than a mile from Northwest Nazarene University, city parks, and old town Nampa shopping and restaurants. While the property is fully-rented at this time, one unit is coming up for renewal this summer, creating an immediate opportunity for an owner-occupant to purchase the building and self-manage the property for even higher returns. The other three units are leased through January 2026. This property is in turn-key condition with many recent updates. The floor plan features three one-bedroom units on the main floor and one three-bedroom unit in the basement. Property video available upon request. The owner is willing to continue managing the property for 8% of the gross rent per month. BTVAI. No sign on property, please do not disturb tenants.