Listed by Colliers - Boise, Idaho
Unpriced
Homestead Village Apartments
Details
Property Type Multifamily, Land
Sub Type Apartment Building
Square Footage 108,000
Units 36
NOI $180,440
Year Built 2024
Buildings 3
Acreage 3.690
Multifamily | 36 Units
Marketing description
Located 2 blocks north of Ponderay River, 1 mile west of Lake Pend Orielle & 1 mile southwest of Sandpoint City Core, this property includes a 2-Phase apartment project and 0.812 Acre vacant commercial site. Full architectural drawings for apartments.
Bankruptcy court mandated sale
Investment highlights
- Phase 1: 36 Apartments complete | 3 12-plexes | Built 2024
- 33 2 BD/1 BA: 1,012 SF each | 3 1 BD/1 BA: 550 SF each
- Phase 2: Infrastructure and building pads in place for 72 units
- 6 12-plexes each with 11 2 BD/1 BA each 1,012 SF & 1 1 BD/1 BA each 550 SF
- Commercial Site: 0.812 Acres frontage access from US Hwy 2
- Also Included in Sale: Some phase 2 building materials
- 2 blocks north of Ponderay River, 1 mile west of Lake Pend Orielle & 1 mile southwest of Sandpoint City Core
- Full architectural drawings for apartments
Listing Contacts
Listed by Colliers - Boise, Idaho
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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$180,440.00
$15,036.67/mo
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Zoning
CC CommercialGeneral CommercialCommercial C
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View all 33 uses
View all 33 uses Last updated Feb 11, 2026 For deeper zoning details, reports are available at Zoneomics
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