220 UNIT APPROVED MULTI-FAMILY DEVELOPMENT LAND

Located within the South of Chinden Urban Renewal District, the property is positioned in one of the most active redevelopment corridors in the Boise area. The site offers an exceptional commuter location with immediate access to I-84 within approximately two minutes, providing convenient connectivity to downtown Boise, the greater Treasure Valley, and major employment centers. The property sits just a few blocks from some of Boise’s most desirable recreational amenities including the Boise River Greenbelt, Esther Simplot Park, and Quinn’s Pond, offering residents direct access to outdoor recreation, waterfront trails, and park space. The surrounding Garden City Arts District provides a unique urban lifestyle environment with nearby breweries, restaurants, wineries, galleries, and entertainment venues that continue to drive residential demand and neighborhood vibrancy. This offering presents a rare opportunity to develop a 200+ unit multifamily project in a highly desirable infill location. The planned project includes premium resident amenities, highlighted by a rooftop deck with unobstructed views of the Boise River, the Boise foothills, and the downtown skyline, creating a distinctive feature that enhances both marketability for future residents and long-term value. The property is currently zoned C-2, which provides additional flexibility and allows for potential alternative uses including self-storage or other commercial development. Offered at $4,180,000 ($19,000 per door) with existing annual income of $120,264 (Dec 2022).