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House Front

$4,300,000

Active

MLS #98984150

5106 W Fairview Ave.
Boise, ID 83706

Total Bedrooms: N/A
Total Bathrooms: 0
Total SqFt: 0

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.

  • General Property Description
  • Total Bedrooms
    Total Bathrooms 0
    Total SqFt. 0
    Age
    Year Built
    Land Size 1 - 4.99 Acres
    # of Acres 1.94
    Garage Type
    Garage Stall
  • Details
  • Class Business/Commercial
    Type
    Subdivision
    Levels
    Roof Composition, Metal, Other
    Water City Service
    Heating
    Construction Brick, Concrete, Frame, Masonry, Stucco
    Lot Size x
    Land Use
    Kitchen Features
    Legal Description LOTS 28-32 INC BLK 05 CRUZEN MTN VIEW ADD #0895-B; LOTS 25-27 INC BLK 05 CRUZEN MTN VIEW ADD #0895-S; LOTS 1 TO 14 INC BLK 5 CRUZEN MTN VIEW ADD; LOTS 15/16 BLK 5 CRUZEN MTN VIEW ADD
  • Schools
  • School District
    Grade School
    Middle School
    High School
Listing info for this property courtesy of  Silvercreek Realty Group  Information deemed reliable but not guaranteed. Buyer to verify all information. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s), shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Steve Cordell