2985 North Meridian Road Building J
- Minutes away from The Village at Meridian, Idaho's premier shopping, dining, and entertainment destination.
- Easy access to the arterials of Chinden Blvd. and I-84, making commutes to Boise or Nampa seamless.
- Close proximity to Settlers Park. Access to 57 acres, including tennis courts, a fishing pond, and the adventure island playground.
- Within the boundaries of the prestigious West Ada School District.
Property Description
STABILITY AND LONG TERM VALUE Rare opportunity to acquire a stabilized, turnkey 8-unit multifamily complex in one of the Pacific Northwest’s fastest growing corridors. 100% Occupied, providing immediate and consistent cash flow with a proven track record of zero vacancy and strong tenant retention. Built in 2018 and features high-quality architectural standards with Class "A" appeal, reducing near-term capital expenditure requirements. STRATEGIC LOCATION & DEMOGRAPHICS Located in the high-growth Meridian corridor in the heart of the Treasure Valley, one of the fastest-growing metro areas in the United States. The property is located just minutes from The Village at Meridian, premier retail centers, top-rated schools, and major employment centers. Strategically positioned to capture the influx of professionals seeking luxury suburban living with urban convenience. SUPERIOR ASSET COMPOSITION Large-scale modern layouts with floor plans ranging from 1,186 SF to 1,387 SF, outperforming standard market footprints. A versatile blend of one, two, and three-bedroom configurations designed to capture a broad and stable tenant demographic. A cornerstone asset for a sophisticated portfolio, offering the perfect balance of immediate yield and long-term appreciation.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $2,200,000 |
| No. of Units: | 8 |
| Year Built: | 2018 |
| Lot Size: | 0.26 Acres |
| Opportunity Zone: | No |
| Price per unit: | $275,000 |
| Property Website | Click Here |
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