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31151898
31151899

1109 Dearborn St, Caldwell, ID 83605

ME
ID ID SP36834
NAI Select
BK
ID DB26711
NAI Select
Listed by NAI Select
$700,000
76 days on market
Updated 76 days ago

1109 Dearborn St

Details
Property Type Multifamily, Land
Sub Type Apartment Building, High-Rise
Square Footage 23,355
Units 21
Buildings 4
Parking Spaces 19 spaces
Parking Per SqFt 0.81
Investment Type Redevelopment

Multifamily | 21 Units

Marketing description

Introducing an Exceptional Opportunity for Multifamily/high-rise Investors: a 23,355 Sf Building Encompassing 21 Units Within the Thriving Caldwell Area. This Shovel-ready Property is Fully Entitled, With Permits Ready for Pickup at the City of Caldwell. With an Immediate Construction Start Date, the Complex Will Feature a Mix of One, Two, and Three-bedroom Units, Boasting Excellent Exterior Design and Thoughtful Floor Plans. Additionally, the Property Offers 19 Paved Parking Spaces and a Dedicated Bicycle Storage Area. Priced at $925,000, This Attractive Investment is Strategically Located Just Minutes Away From the College of Idaho and the Exciting New Indian Creek Redevelopment and Lux Theater.

Discover an Exciting Opportunity for Multifamily Investment in Caldwell, Id. Surrounding the Location, You'll Find an Inviting Mix of Urban Convenience and Natural Beauty. Enjoy Easy Access to Downtown Caldwell and Its Charming Shops, Restaurants, and Entertainment Options. The Vibrant Community Offers a Wealth of Outdoor Recreational Activities, Including Parks, Trails, and the Scenic Snake River. With Its Growing Economy and Strong Demand for Housing, Multifamily Development Land in This Area Presents an Enticing Investment Potential. Explore the Promising Prospects of This Dynamic Location for Your Next Development Project.

Investment highlights

  • Project is “shovel Ready”
  • Full Entitlements in Place
  • Building Permits Ready to Be Picked Up at the City of Caldwell
  • 21 Unit Complex:
  • (1) 1 Bedroom | 1 Bath
  • (17) 2 Bedroom | 2 Bath
  • (3) 3 Bedroom | 2 Bath
  • 19 Paved Parking Spaces Along With Bicycle Storage Area
  • Located in the Growing Downtown Caldwell Core
  • Minutes Away From College of Idaho, Indian Creek, and Lux Theater
  • Sale price $700,000 ($33,333/door)

Listing Contacts

ME
ID ID SP36834
NAI Select
BK
ID DB26711
NAI Select
Listed by NAI Select

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Additional Information

Name
Mike Erkmann
License
ID SP36834
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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