47th Street Multi-Family Development Land
47th Street Multi-Family Development Land | 2.06 acres
Marketing description
R3 ZONED, 60 UNIT ENTITLED LAND
SALE PRICE: $3,200,000
AVAILABLE: 2.06 Acres (2 Parcels)
UTILITIES: All Available to Site
CURRENT IMPROVEMENTS: Sidewalk, Curb & Gutter
PROPOSED DEVELOPMENT: 60 Units = 58 - 2bed/2bath & 2 - 3bed/3bath
EST. CONSTRUCTION COST: $14,280,267 - Per Unit $238,004
ZONING DESIGNATION: R3 - Multi-Family
PARCEL NUMBERS: R2734523676 & R2734523661
AVAILABILITY: Immediate
Investment highlights
R3 zoned & entitled land, construction drawings 60% complete, seller will complete upon acceptable terms - at buyer’s discretion
Entitlements consist of 60 units total = 58 - 2bed/2bath & 2 - 2bed/3bath units each with a 1 car garage - 3 story configuration - 73,309 SF total
Existing site improvements include street-side sidewalk, curb, gutter, fire hydrant, and on-site power, water and sewer
Surrounded by newer infill homes, single family residences and other multi-family developments
Garden City, Idaho is a trendy municipality of approximately 13,000 people, nestled on the banks of the Boise River, just five minutes from downtown Boise
Access to the surrounding area, downtown Boise via-Chinden Boulevard / Highway 20/26 and Interstate 84/184 via-Curtis
Close to local, regional and national retailers, restaurants and professional service providers
Amenities include access to the Boise River & Greenbelt, Boise Whitewater Park, Willow Lane Athletic Complex, Veterans Memorial Park, educational and religious facilities
Please download, execute, and return confidentiality agreement to view additional due diligence materials
Google 360 View: https://earth.google.com/web/search/43.63970267434383,-116.25678354878636
Visit the Garden City Visitors Bureau to learn more: https://visitgardencity.com/things-to-do/recreation-nature/?_sm_vck=NR3z2WFZqRfQ4jZRT0tTD6jv7VS6qjWr63NzqjPv77n2WqRtn2vF
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