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31722232
31722231

1011 S Orchard St, Boise, ID 83705

RR
ID DB39768, NV S.0302667
Commercial Broker Connect Real Estate
Listed by Commercial Broker Connect Real Estate
$2,900,000
245 days on market
Updated 13 days ago

Orchard Uptown Eight

Details
APN R8851690020
Property Type Multifamily
Sub Type Apartment Building
Square Footage 11,988
Net Rentable (SqFt) 8,240
Units 8
Cap Rate 5.44%
NOI $157,784
Occupancy 100%
Pro-Forma Cap Rate 4.68%
Price per SqFt $271
Broker Co-Op Yes
Class B
Year Built 2025
Buildings 1
Stories 3
Lot Size (SqFt) 12,763
Zoning MX-1
Parking Spaces 4 per unit
Investment Type Stabilized
Occupancy Date 04/01/2026
Ground Lease No
Ownership FEE SIMPLE

New Superior (ICF) Luxury Multifamily in Central Boise!

Marketing description

Fully stabilized 8-unit multifamily asset in Boise’s Central Bench. 100% occupied with strong in-place rents and minimal maintenance. Prime location near Downtown, Boise State, and major employers. Proven furnished rental upside offers a clear path to increased income and yield. Turnkey investment with immediate cash flow and long-term durability.

Investment highlights

LOCATION - LOCATION - LOCATION

  • New 2025 ICF construction – no near-term CapEx
  • Fully stabilized, 100% occupied asset
  • 4.88% cap with ~5.3% upside potential
  • Proven furnished rental premium (~40–60% above market)
  • Prime Central Boise location near Downtown, BSU, and major employers
  • Boutique 8-unit property – ideal for 1031 and private investors
  • Limited new comparable supply in core submarket

Listing Contacts

RR
ID DB39768, NV S.0302667
Commercial Broker Connect Real Estate
Listed by Commercial Broker Connect Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$157,784.00
$13,148.67/mo

Valuation Metrics

0
DSCR
5.44%
Cap Rate
5.44%
ROI

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Additional Information

Name
Renee Raymes
License
DB39768
Brokerage
COMMERCIAL BROKER CONNECT
Brokerage Phone
2088908636
Title
ID
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