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600 N 44th St

Nampa, ID 83687
  • $6,750,000
  • STATUS: Active
  • ON SITE: 71 Days
  • MLS #: 98839410
Price Reduced
UPDATED: 23 min ago
$6,750,000
  • 42
    BEDS
  • 0.98
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 19,446
    SQFT
  • $347
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2023
County:

School Ratings & Info

Intermountain MLS logoCourtesy of Silvercreek Realty Group.

Description

A rare commercial multi-family build job opportunity. 2 12-Plex buildings on a 1-acre site. Each building is 3 levels with each level comprised of 3 2-bed 1 bath units & 1 1-bed 1 bath unit. Each unit is between 805-817sf. There are 48 parking spaces. 5.00% Cap Rate. Est $337,441 NOI. Includes full landscaping with pressurized irrigation & the North, East & South boundaries will have a 6 vinyl privacy fence. The builder is currently in the process of obtaining the building permits with the goal of starting construction in early August with an approximate completion date of Spring of 2023.The builders have targeted a more high-end finish to attract a higher level of tenant. The units will be finished with a mid-level cabinet topped by quartz countertops & SS appliances (refrigerator, dishwasher, electric range, microwave, & washer/dryer). Mix of carpet & luxury vinyl plank flooring.

Directions: I-84->S on Garrity->E on Flamingo->S on Happy Valley->W on Airport->N on 44th

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Intermountain MLS logo© 2022 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Michael Ryan Real Estate are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2022-07-03T14:10:43.677.
www.michaelryanrealestate.com/homes/127972703
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600 N 44th St Nampa, ID 83687

  • Price: $6,750,000
  • Status: Active
  • On Site: 71 Days
  • Updated: 23 min ago
  • MLS #: 98839410
42
Beds
0
Baths
0
½ Baths
0.98
Acres
19,446
SQFT
$347
$/SQFT
2023
Built
Neighborhood:
Nampa Ne (87) - 1250
County:
Canyon
Area:
Nampa Ne (87) - 1250
Property Description
A rare commercial multi-family build job opportunity. 2 12-Plex buildings on a 1-acre site. Each building is 3 levels with each level comprised of 3 2-bed 1 bath units & 1 1-bed 1 bath unit. Each unit is between 805-817sf. There are 48 parking spaces. 5.00% Cap Rate. Est $337,441 NOI. Includes full landscaping with pressurized irrigation & the North, East & South boundaries will have a 6 vinyl privacy fence. The builder is currently in the process of obtaining the building permits with the goal of starting construction in early August with an approximate completion date of Spring of 2023.The builders have targeted a more high-end finish to attract a higher level of tenant. The units will be finished with a mid-level cabinet topped by quartz countertops & SS appliances (refrigerator, dishwasher, electric range, microwave, & washer/dryer). Mix of carpet & luxury vinyl plank flooring.

Directions: I-84->S on Garrity->E on Flamingo->S on Happy Valley->W on Airport->N on 44th
Exterior Features

Construction Materials FrameOtherStucco Exterior Features Paved Outside Area Fencing PartialFenced Lot Features 1/2 - .99 AcreLawn Sprinklers Parking Features 21 - 50 Spaces Parking Total 48 Roof Composition

Interior Features

Above Grade Finished Area Units Square Feet Below Grade Finished Area Units Square Feet Building Area Total 19446 Cooling Central Air Cooling YN Yes Door Features Overhead Doors Heating ElectricForced Air Heating YN Yes

Property Features

Business Type Multi-Family Gross Income 423481 Listing Terms CashConventional Lot Size Dimensions 125X343 Net Operating Income 337441 New Construction YN Yes Operating Expense 86040 Possible Use Multi Family Suitable(Garden/Low Rise) Property Attached YN Yes Tax Annual Amount 34204 Tax Legal Description See Exhibit A Utilities Sewer ConnectedCable Connected Water Source City Service Zoning Description Rmh

Intermountain MLS logoCourtesy of Silvercreek Realty Group.


Intermountain MLS logo© 2022 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Michael Ryan Real Estate are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2022-07-03T14:10:43.677.
 
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Michael Ryan Real Estate
3611 North Locust Grove Road
Meridian ID, 83646
Intermountain MLS logoCourtesy of Silvercreek Realty Group.