Haven on State | 5102-5103 W State St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Haven on State 5102-5103 W State St
48 Unit Apartment Building $12,000,000 ($250,000/Unit) 5.07% Cap Rate Boise, ID 83703
Investment Highlights
- Targeted stabilization Q1 2025
- Open concept design with personal balconies
- Visibility along primary arterial between Downtown Boise and Eagle
- New construction with modern finishes
- Full size appliances including washer and dryer
- Ideal location, just moments from amenities, Lake Harbor, and Boise's Greenbelt
Executive Summary
This brand new 32,624 SF, 48-unit building, constructed in 2024, offers contemporary design and modern finishes, positioned for targeted stabilization in Q1 2025.
Property Facts
| Price | $12,000,000 | Apartment Style | Mid Rise |
| Price Per Unit | $250,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 1.18 AC |
| Cap Rate | 5.07% | Building Size | 32,624 SF |
| No. Units | 48 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 2024 |
| Property Subtype | Apartment |
| Price | $12,000,000 |
| Price Per Unit | $250,000 |
| Sale Type | Investment |
| Cap Rate | 5.07% |
| No. Units | 48 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | B |
| Lot Size | 1.18 AC |
| Building Size | 32,624 SF |
| No. Stories | 4 |
| Year Built | 2024 |
Unit Amenities
- Dishwasher
- Microwave
- Washer/Dryer
- Kitchen
- High Speed Internet Access
- Refrigerator
- Oven
- Stainless Steel Appliances
- Tub/Shower
- Freezer
- Patio
Site Amenities
- 24 Hour Access
- Planned Social Activities
- Renters Insurance Program
- Bicycle Storage
- Maintenance on site
- Online Services
- Public Transportation
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 12 | - | 532 |
| 1+1 | 24 | - | 584 |
| 2+2 | 12 | - | 923 |
1 of 10
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Haven on State | 5102-5103 W State St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.