5106 W Fairview Ave. , Boise, ID 83706
$4,300,000
Est. Payment: $9,555.56/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 42
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10107 - 564120
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House 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. 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.

Highlights

Listed by William Cowdry , 208-999-1238 Silvercreek Realty Group , 208-377-0422.

Property Type

Commercial Sale

Lot/Acreage
1.94

County

Ada

Listing ID

98984150

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central Air
Fireplaces:
Water:City Service

Exterior Features

Lot:1 - 4.99 Acres,Sewer Connected,2-5 Acres
Zoning:MX-3
Roof:Composition,Metal,Other
Parking Features:Trailer Parking
Principal Interest
$9,556
Taxes
$2,741

Home Price

$4,300,000

Loan Details

30 yrs
%

Down Payment

20%
$860,000
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Monthly Price:
$9,555.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $9,555.56 $2,741.25 $0.00 $12,296.81
Yearly $114,666.67 $32,895.00 $0.00 $147,561.67
Total $3,440,000.00 $986,850.00 $0.00 $4,426,850.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Boise, ID).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.