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600 N 44th St

Nampa, ID 83687
  • $6,650,000
  • STATUS: Active
  • ON SITE: 112 Days
  • MLS #: 98839412
Price Reduced
UPDATED: 85 min ago
$6,650,000
  • 14
    BEDS
  • 0.98
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 19,446
    SQFT
  • $342
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2023
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Intermountain MLS logoCourtesy of Silvercreek Realty Group.

Description

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. 5.1% Cap Rate. Est $337,441 NOI. Less than 1 Mile to I-84 & Garrity Exit. Minutes from 650,000sf Amazon warehouse w/ over 2000 jobs. 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 August with an approximate completion date of Spring 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.

Directions: I-84->S on Garrity->E on Flamingo->S on Happy Valley->W on Airport->N on 44th

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Intermountain MLS logo© 2022 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Rocky Mountain Real Estate Brokerage are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2022-08-13T20:10:14.29.
www.rockymountain-realestate.net/homes/127972702
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600 N 44th St Nampa, ID 83687

  • Price: $6,650,000
  • Status: Active
  • On Site: 112 Days
  • Updated: 85 min ago
  • MLS #: 98839412
14
Beds
8
Baths
0
½ Baths
0.98
Acres
19,446
SQFT
$342
$/SQFT
2023
Built
Neighborhood:
0 Not Applic.
County:
Canyon
Area:
Nampa Ne (87) - 1250
Elementary School:
Endeavor Nampa
Middle School:
East Valley Mid
High School:
Columbia
School District:
Nampa School District #131
Property Description
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. 5.1% Cap Rate. Est $337,441 NOI. Less than 1 Mile to I-84 & Garrity Exit. Minutes from 650,000sf Amazon warehouse w/ over 2000 jobs. 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 August with an approximate completion date of Spring 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.

Directions: I-84->S on Garrity->E on Flamingo->S on Happy Valley->W on Airport->N on 44th
Exterior Features

Construction Materials FrameStuccoHardiplank Type Fencing PartialVinyl Foundation Details Slab Lot Features 1/2 - .99 AcreIrrigationSidewalksSbjt To Fair Housing Stnd Open Parking YN Yes Parking Features Finished Driveway Parking Total 48 Roof Composition

Interior Features

Above Grade Finished Area Units Square Feet Accessibility Features Handicap Parking Appliances Disposal (No Units)Stove/Range (All Units)Refrigerator (All Units)Washer/Dryer (All Units) Below Grade Finished Area Units Square Feet Building Area Total 19446 Cooling Central AirAll Units Cooling YN Yes Heating ElectricForced Air Heating YN Yes Laundry Features Washer/Dryer Hookups (All Units)

Property Features

Association Fee 0 Association YN Yes Current Use 5+ Units Electric 10045Unit 1 Separate MeterUnit 2 Separate MeterUnit 3 Separate MeterUnit 4 Separate MeterUnit 5 Separate MeterUnit 6 Separate MeterUnit 7 Separate MeterUnit 8 Separate Meter Gross Income 423481 Listing Terms CashConventional Lot Size Dimensions 343X125 Net Operating Income 337441 Operating Expense 86040 Ownership Fee Simple Property Sub Type Apartment Tax Annual Amount 1250.32 Tax Legal Description See Exhibit A Tax Year 2021 Utilities Sewer ConnectedCable Connected Water Source City Service Zoning Description Rmh

Intermountain MLS logoCourtesy of Silvercreek Realty Group.


Intermountain MLS logo© 2022 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Rocky Mountain Real Estate Brokerage are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2022-08-13T20:10:14.29.
 
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Intermountain MLS logoCourtesy of Silvercreek Realty Group.