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For Sale

Multi-Family Land Ready for Development

408 N Allumbaugh St,
Boise, ID 83704

Asset Snapshot

1932
Year Built
1
Floor Count
1
Building Count
0.94 Acres
Land Area

Offering Summary

Investment Overview

Multi Family development ground with building plans for two, 12 plexes already submitted to the city. Fast timeline to construction start date. Ideally located near a major amenity, the property offers quick access to the interstate and seamless connectivity to downtown Boise. This is a rare opportunity to acquire a near shovel ready project in a high demand rental market, perfect for developers seeking to accelerate timelines and capitalize on strong local fundamentals. Contact agent for additional information.


Investment Highlights

  • Approved for Two, 12-plexes
  • 24 Units: Eighteen 2 bedroom, Six 1 bedroom units
  • Building Plans submitted to city. Will be ready for development.
  • 166' of Frontage
  • Site plan and floor plans available in document file
  • Located within an Opportunity Zone 2.0 eligible census tract
  • Seller to provide the following Due Diligence items: Topo Survey, Phase 1 Environmental, Geotech, All Site Plans, Elevations, and Floor Plans

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Listing Syndicated From

Buildout
For Sale
$1,100,000
Asking Price