The Smith
Multifamily | 20 Units | 6% Cap
Marketing description
Berkadia Boise is pleased to present a newly renovated property in the heart of Nampa, ID. The Smith offers a mix of convenience and comfort, with two parcels located at 144 Smith Avenue and 135 Davis Avenue. This thoughtfully designed garden-style townhome community features 16 single-level units along with a detached two-story fourplex, providing residents a more private setting compared to nearby apartment communities. The unit mix contains 8 one-bedroom units and 12 two-bedroom units arranged on two separate parcels.
Residents enjoy new LVP flooring, modern fixtures, and updated countertops, with private patios in select units. Community amenities include covered carport parking, storage closets, mature trees, onsite laundry, and pet-friendly features.
Investment highlights
HIGH-GROWTH/STABLE MARKET
■ Minutes from major employment centers (St. Luke’s Nampa Medical
Center, Amazon Fulfillment, College of Western Idaho), ensuring stable and
consistent tenant demand.
■ Nampa’s metro population is projected to increase by 19% over the next
five years, reaching approximately 90,700 residents by 2030—significantly
boosting demand for rental housing.
WELL-MAINTAINED AND UPDATED UNITS
■ Units have been proactively managed and modernized with vinyl plank
flooring, updated features and countertops, and new appliances—
minimizing immediate capital improvement needs.
■ Property features 20 spacious garden-style units across four buildings,
with a mix of single-level and two-story floor plans.
■ With 8 one-bedrooms and 12 two-bedrooms, the Smith accommodates a
broad tenant base and supports strong occupancy.
DESIRABLE COMMUNITY AMENITIES
■ Tenants enjoy off-street parking, private patios (in select units), ample
storage, mature landscaping, and pet-friendly features.
■ On-site laundry facility enhances tenant retention and boosts effective
gross income.
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?
