Listing Courtesy of:
Silvercreek Realty Group
Agency Phone: 208-377-0422
LOT SIZE 1.938 acres
MLS#98984149
STATUSNew
PROPERTY TYPELand - Residential
SUBDIVISIONCruzen Mtn View
SCHOOLBoise School District #1
Listing Courtesy of:
Silvercreek Realty Group
Agency Phone: 208-377-0422
Property Description
Fairview Village represents a two-phase multifamily development, approved by Boises Design Review Commission following rigorous public review. A fully entitled, 205-unit multifamily opportunity on the Boise Bench thats ready for the developer who moves with conviction. Seller is offering 2 separate sets of plans. The current Podium build, designed for maximum capital efficiency, with a unit mix built to capture Boises most active rental demand segment: workforce and moderate-income households. Utilize flexible execution paths like layered public financing (LIHTC, HUD 221(d)(4), tax-exempt bonds) or a pivot to market-rate garden-style delivery with a strategic capital stack. Boises fundamentals do the talking: 3.2% rent growth, sub-5.4% vacancy, and a supply pipeline that has materially contracted. The entitlements are done. The only question is whos ready to build. This is the deal for a developer who knows that the best time to move in Boise was five years ago, and the second best time is now.
Property Features
Property Type: Land - Residential
Lot Size: 1.94 Acres
Taxes: $17,957
Feature Descriptions
Days on Site: 1
Lot: 1 Acre - 4.99 Acres, Level
Parcel#: R1625500899,R1625500897,R1625500780,R1625500850
Sewer: Sewer-Exist
Utilities: Natural Gas Connected, Electricity Connected, Overhead, Phone Connected, Sewer Connected, Underground Utilities
Water: City Service
Zoning: MX-3
Local Schools
High School: Capital
Middle School: Fairmont
Elementary School: Koelsch
School District: Boise School District #1
Listed By / Shown By
Listed By
Agency Name: Silvercreek Realty Group
Agency Phone: 208-377-0422
Shown By
Agency Title: Coldwell Banker Tomlinson
Agency Phone: (208) 343-3393
Estimate Your Payment
Estimated Payment
$ 29,566.85 per month $26,612.10 Principal & Interest $1,496.42 Property Tax $1,458.33 Homeowner's Insurance
5106 W Fairview Ave | MLS# 98984149
This land located at 5106 W Fairview Ave, Boise, ID 83706 is currently listed for sale with an asking price of $5,000,000. The property has approximately 1.94 Acres. W Fairview Ave is located within the Boise School District #1 school district. Search Boise real estate on www.cbboise.com today.