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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 is 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.