Multifamily Development Land

Investment Overview

Introducing an exceptional opportunity for multifamily/high-rise investors: a 23,355 SF building encompassing 21 units within the thriving Caldwell area. This shovel-ready property is fully entitled, with permits ready for pickup at the City of Caldwell. With an immediate construction start date, the complex will feature a mix of one, two, and three-bedroom units, boasting excellent exterior design and thoughtful floor plans. Additionally, the property offers 19 paved parking spaces and a dedicated bicycle storage area. Priced at $650,000, this attractive investment is strategically located just minutes away from the College of Idaho and the exciting New Indian Creek Redevelopment and Lux Theater.

Investment Highlights

• Project is “Shovel Ready”
• Full entitlements in place
• Building permits ready to be picked up at the City of Caldwell
• 21 Unit Complex:
• (1) 1 bedroom | 1 bath
• (17) 2 bedroom | 2 bath
• (3) 3 bedroom | 2 bath
• 19 paved Parking spaces along with bicycle storage area
• Located in the growing downtown Caldwell core
• Minutes away from College of Idaho, Indian Creek, and Lux Theater