Multifamily
Medallion Townhomes
1617 12th Ave Rd, Nampa, ID 83686
Listing Price: $4,450,000
Investment Overview
Marcus and Millichap is pleased to present for sale the Medallion Townhomes, a 24-unit complex, located in Nampa, Idaho. The property consists of 24 two-bedroom, one and a half bathroom units, averaging approximately 917 square feet each. Amenities on the property include patios, covered car ports, a pool, new windows, and individual water heaters.
The Property is located in Nampa, Idaho, the third-largest city in the state and part of the rapidly expanding Boise Metropolitan Area. Situated approximately 20 miles west of downtown Boise, Nampa benefits directly from the region’s strong economic and population growth, with the Boise MSA adding approximately 12,300 jobs year-over-year in areas such as manufacturing, logistics, food processing, healthcare and education, with major employers including St. Luke’s Health System, Walmart, J.R. Simplot, and the Nampa and Vallivue school districts providing a stable foundation for workforce housing demand.
The Medallion Townhomes is an ideal opportunity for an investor looking for a pride of ownership asset in one of Treasure Valley's fastest growing submarkets, paired with premier assumable financing. The property has ample amenities, and is conveniently located off of 12th Avenue Road, providing easy access to major employment centers, retail amenities, and regional transportation routes.
Additionally, the property comes with assumable financing at 4.36% interest with 8 years remaining on the note.
Investment Highlights
- Assumable Fannie Mae debt at 4.36% interest with 8 years remaining on term
- Over $600k in Capital Improvements over 5-year ownership - Including new roofs, windows, & updated interiors
- Ample Amenities Including Carports, Laundry Facility, In-Unit Washer/Dryer* and a Pool * Available in select units
Exclusively Listed By
Broker of Record
-
Adam Lewis
Senior Managing Director, Market Leader- Colorado/Idaho
Listing Price: $4,450,000
Investment Highlights
- Assumable Fannie Mae debt at 4.36% interest with 8 years remaining on term
- Over $600k in Capital Improvements over 5-year ownership - Including new roofs, windows, & updated interiors
- Ample Amenities Including Carports, Laundry Facility, In-Unit Washer/Dryer* and a Pool * Available in select units
Investment Overview
Marcus and Millichap is pleased to present for sale the Medallion Townhomes, a 24-unit complex, located in Nampa, Idaho. The property consists of 24 two-bedroom, one and a half bathroom units, averaging approximately 917 square feet each. Amenities on the property include patios, covered car ports, a pool, new windows, and individual water heaters. The Property is located in Nampa, Idaho, the third-largest city in the state and part of the rapidly expanding Boise Metropolitan Area. Situated approximately 20 miles west of downtown Boise, Nampa benefits directly from the region’s strong economic and population growth, with the Boise MSA adding approximately 12,300 jobs year-over-year in areas such as manufacturing, logistics, food processing, healthcare and education, with major employers including St. Luke’s Health System, Walmart, J.R. Simplot, and the Nampa and Vallivue school districts providing a stable foundation for workforce housing demand. The Medallion Townhomes is an ideal opportunity for an investor looking for a pride of ownership asset in one of Treasure Valley's fastest growing submarkets, paired with premier assumable financing. The property has ample amenities, and is conveniently located off of 12th Avenue Road, providing easy access to major employment centers, retail amenities, and regional transportation routes. Additionally, the property comes with assumable financing at 4.36% interest with 8 years remaining on the note.
Exclusively Listed By
Broker of Record
-
Adam Lewis
Senior Managing Director, Market Leader- Colorado/Idaho