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Warm Springs Apartments

2214, Goodman Street, Boise, ID 83712
$8,550,000

Description

Warm Springs Apartments (Status: Pending)

2214, Goodman Street, Boise, ID  83712

For many years, Boise, ID, has been a hidden gem, attracting retirees, and outdoor enthusiasts looking for a slower pace of life. However, in recent years the city has begun to attract attention from major corporations and young professionals, leading to an influx of new residents and a corresponding increase in rents. The average rent in Boise is now $1.96/SF, an increase of 20% over the past year and 97% occupancy in 2021. As a result, there is significant opportunity for investors in the Boise rental market. With high demand and limited supply, rents are likely to continue to rise in the coming years, making Boise an attractive market for investment. Warm Springs Gardens presents opportunity for investors to capture the rent growth as the latest unit achieved a $370/month rent premium o

Listing Details

Asset Class: Multi-Family
Year Built: 2019
Building Total Square Feet: 22188
Available Lease Space Square Feet:
Number of Floors: 3
Total Parking Spaces: 29
Local Zoning Information: C-1D

CBA

Listing Courtesy of: KW Commercial – Lemas Team

Disclaimer: The information contained in this listing has not been verified by Windermere Real Estate/Whatcom, Inc. and should be verified by the buyer.

  • Address: 2214, Goodman Street, Boise, ID 83712
  • City: Boise
  • State/county: ID
  • Zip/Postal Code: 83712
  • Neighborhood: Not Assigned
  • Country: United States

Detail

Updated on July 7, 2022 at 2:59 am

  • Property ID: 653000
  • Price: $8,550,000.00/For Sale
  • Property Size: 22188 Sq Ft
  • Property Type: Multi-Family
  • Property Status: Pending

Contact info

Windermere Commercial
Windermere Commercial
360-676-5900

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