Property History
Goldman Ryden Real Estate Investment Services is pleased to present the opportunity to acquire an 8-unit multifamily asset located at 1119 W Alturas St in Boise’s highly coveted North End, just one block from Hyde Park. This offering represents a rare chance to secure scale in one of Boise’s most supply-constrained and desirable neighborhoods, where long-term demand is driven by lifestyle, walkability, and proximity to downtown and the Boise Foothills.
Situated in Hyde Park, the historic center of Boise’s North End, the property benefits from walkability, strong community demand, and direct access to the Boise Foothills.
This asset offers a compelling redevelopment and value- add opportunity, with meaningful upside in rents through unit renovations, operational improvements, or a more comprehensive repositioning strategy. Multifamily properties in this submarket benefit from exceptional tenant demand and limited new supply, creating durable fundamentals across market cycles.
Irreplaceable North End location just one block from Hyde Park, Boise’s most established and desirable neighborhood hub
Significant rent upside achievable through unit renovations and operational efficiencies
Compelling redevelopment opportunity via a broader repositioning or long-term hold strategy
Supply-constrained submarket with virtually no new multifamily development opportunities of scale
Exceptional tenant demand driven by walkability, proximity to downtown, and access to the Boise Foothills
Within walking distance of downtown Boise’s core amenities, supporting durable rental demand
Strong surrounding home values, with median prices of approximately $780,000–$899,000 within a one-mile radius
Premium pricing fundamentals, as the North End consistently ranks among the highest-value neighborhoods in Boise
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