Description
Prime Downtown Nampa 7-Unit Multifamily Investment | Strong Cash Flow & 7.3% Cap Rate. Rare opportunity to acquire a fully renovated 7-unit multifamily property in the heart of Downtown Nampa. Situated on a single mixed-use zoned parcel, this asset includes a 4-plex and 3-plex, offering immediate cash flow, long-term appreciation potential, and future development flexibility. The property generates $10,050/month ($120,600 annually) in rental income and delivers a 7.3% cap rate at the current asking price. Extensive renovations have minimized future capital expenditures, with the 4-plex renovated within the past three years and the 3-plex fully renovated in 2025, creating a turnkey investment with strong tenant appeal. Located in one of Idaho’s fastest-growing markets, the property benefits from strong rental demand and walkable access to Downtown Nampa’s restaurants, retail, entertainment, and employment centers. Stabilized, income-producing, and positioned for long-term upside.
Directions: N on 12th Avenue, W on 2nd
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7BEDS
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0.16ACRES
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7BATHS
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01/2 BATHS
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5,327SQFT
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$244$/SQFT
School Information
Courtesy of Coldwell Banker Tomlinson at 208-336-3393.Description
Prime Downtown Nampa 7-Unit Multifamily Investment | Strong Cash Flow & 7.3% Cap Rate. Rare opportunity to acquire a fully renovated 7-unit multifamily property in the heart of Downtown Nampa. Situated on a single mixed-use zoned parcel, this asset includes a 4-plex and 3-plex, offering immediate cash flow, long-term appreciation potential, and future development flexibility. The property generates $10,050/month ($120,600 annually) in rental income and delivers a 7.3% cap rate at the current asking price. Extensive renovations have minimized future capital expenditures, with the 4-plex renovated within the past three years and the 3-plex fully renovated in 2025, creating a turnkey investment with strong tenant appeal. Located in one of Idaho’s fastest-growing markets, the property benefits from strong rental demand and walkable access to Downtown Nampa’s restaurants, retail, entertainment, and employment centers. Stabilized, income-producing, and positioned for long-term upside.
Directions: N on 12th Avenue, W on 2nd
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