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For Sale

WHISPERING PINES 28 UNIT APARTMENT OPPORTUNITY

341 N Gateway St,
Nampa, ID 83687

Asset Snapshot

1940
Year Built
1
Floor Count
1.25 Acres
Land Area

Offering Summary

Investment Overview

±1.25 Acres Available as a Completed Project or Permit Ready Development Opportunity Option 1: Land Price $899,000 ($32,107 per approved unit) Option 2: Completed Price $7,350,000 (Approximately $262,500 per unit)


Investment Highlights

  • Entitled, shovel-ready site — planning, zoning, and design work already completed, compressing the development timeline and reducing entitlement risk.
  • Location within an established Opportunity Zone and QCT (Qualified Census Tract) under the current federal map (see Tax Incentive section; buyer to verify).
  • Flexible acquisition structure — buy the dirt or buy the finished community.
  • Efficient unit mix — 2 BR/2 BA & 1 BR/1 BA product.
  • Strong regional fundamentals — sustained population and job growth across Nampa and the broader Boise MSA.

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Listing Syndicated From

Buildout
For Sale
$7,350,000
Asking Price