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Oscar Cortez

ocortez@atova.com +1(208) 739-7111

Listed by William Cowdry • Silvercreek Realty Group

$ 5,000,000

Est. payment | -/mo

1.94 Acres Lot

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$ 5,000,000

Est. payment | -/mo

Save

1.94 Acres Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 98984150

HOA Y/N No

Lot Size 1.940 Acres

Acres 1.94

Source IMLS 2

Property Description

Fairview Village represents a two-phase multifamily development, approved by Boise's Design Review Commission following rigorous public review. A fully entitled, 205-unit multifamily opportunity on the Boise Bench that's ready for the developer who moves with conviction. Seller is offering 2 separate sets of plans . The current Podium build, designed for maximum capital efficiency, with a unit mix built to capture Boise's most active rental demand segment: workforce and moderate-income households. Utilize flexible execution paths like layered public financing (LIHTC, HUD 221(d)(4), tax-exempt bonds) or a pivot to market-rate garden-style delivery with a strategic capital stack. Boise's fundamentals do the talking: 3.2% rent growth, sub-5.4% vacancy, and a supply pipeline that has materially contracted. The entitlements are done. The only question: who's ready to build. This is the deal for a developer who knows that the best time to move in Boise was five years ago, and the second best time is now.

Location

State ID

County Ada

Area Boise West - 0600

Zoning MX-3

Direction From Orchard and Fairview, West on Fairview to address.

Interior

Cooling Central Air

Flooring Other

Fireplace No

Exterior

Utilities Available Sewer Connected

Roof Type Composition,Metal,Other

Building

Lot Description 1 - 4.99 Acres

Faces From Orchard and Fairview, West on Fairview to address.

Foundation Basement

Water City Service

Structure Type Brick,Concrete,Frame,Masonry,Stucco

New Construction No

Others

Senior Community No

Tax ID R1625500899, R1625500897, R162550780, R1625500850

Acceptable Financing Cash, Consider All, Conventional, Private Financing Available, Other

Listing Terms Cash, Consider All, Conventional, Private Financing Available, Other

Nearby Locations

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Oscar Cortez

REALTOR® | Lic# SP41610

ocortez@atova.com

+1(208) 739-7111

2215 W State St, Boise, ID, 83702, USA

5106 W Fairview Ave. Boise, ID 83706

Oscar Cortez

Key Details

Location

Interior

Exterior

Building

Others

5106 W Fairview Ave.