Listed by TOK Commercial
$799,000
Nampa Townhomes
Details
Property Type Multifamily
Sub Type Apartment Building, Low-Rise/Garden
Square Footage 4,716
Units 4
Rent Bumps Yes
Price per SqFt $169
Year Built 2004
Year Renovated 2024
Stories 2
Acreage 0.380
Zoning R-D
Investment Type Value Add
907 S Railroad St, Nampa, ID 83712
Marketing description
This multifamily property offers a strong value-add opportunity in a growing Nampa submarket, with rents significantly below market and all units on month-to-month leases—allowing for increases with just 30 days’ notice. The most recent rent bump took effect March 1, 2026The property features large three-bedroom units ideal for families, each with fully fenced backyards and in-unit washer and dryer appliances. Convenient access to I-84, downtown Nampa, and nearby amenities enhances its appeal. Strong market fundamentals support upside, with Boise metro occupancy above 95% and new construction starts down over 60% from peak levels.
Location Description
Located near I-84 with convenient access to downtown Nampa and local amenities, offering a strong Boise metro submarket advantage.
Investment highlights
- Significantly below market rents. Rents are month-to-month and can be increased with 30 days' notice. The most recent increase was effective March 1, 2026.
- Value Add Opportunity: Strong rental demand in a growing Nampa submarket.
- Large 3-bedroom units attractive to families. Fully fenced, back yards.
- Each unit includes its own washer and dryer appliances.
- Convenient access to I-84, downtown Nampa, and nearby amenities.
- Boise metro occupancy rates remain above 95%. New construction starts are down 60%+ from peak.
Listing Contacts
Listed by TOK Commercial
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