Garden City, ID Land Property For Sale

Opportunity

Dive into the dynamic Boise/Garden City real estate market with this unique investment opportunity - a portfolio of 5 mobile homes on a spacious .38-acre lot. This property is perfectly positioned for an investor looking to capitalize on the potential for significant returns through renovation and strategic management.

Location

Located within walking distance of Walmart and the Northgate shopping center at State and Glenwood, and a 10 minute drive to Eagle, the property offers future tenants immediate access to a wide range of shopping, dining, and essential services.

Property

With five individual units, these mobile homes present a rare chance to refurbish and revitalize, unlocking higher rental yields and increased property value. Investors have the flexibility to stagger renovations to manage cash flow, experiment with different rental strategies, or even sell homes individually post renovation for potential profit.

R3 zoned & entitled land, construction drawings 60% complete, seller will complete upon acceptable terms - at buyers discretion. Entitlements consist of 60 units total = 58 - 2bed/2bath & 2 - 2bed/3bath units each with a 1 car garage - 3 story configuration - 73,309 SF total. Existing site improvements include street-side sidewalk, curb, gutter, fire hydrant, and on-site power, water and sewer. Surrounded by newer infill homes, single family residences and other multi-family developments. Garden City, Idaho is a trendy municipality of approximately 13,000 people, nestled on the banks of the Boise River, just five minutes from downtown Boise. Access to the surrounding area, downtown Boise via-Chinden Boulevard / Highway 20/26 and Interstate 84/184 via-Curtis. Close to local, regional and national retailers, restaurants and professional service providers. Amenities include access to the Boise River & Greenbelt, Boise Whitewater Park, Willow Lane Athletic Complex, Veterans Memorial Park, educational and religious facilities. Please download, execute, and return confidentiality agreement to view additional due diligence materials, Click Here

Prime, high-density residential development opportunity

Ideal for townhomes or podium project

Located in one of the fastest-growing submarkets of the Boise MSA

Walking distance from amenities, including dining, retail, and the Boise River Greenbelt

Two residential towers are currently under construction within two blocks; one of these towers is 18 stories

Do not disturb tenants - Contact Agent to schedule tours

Approved Feb 12, 2024 - 220 Units

• Optimal commuter location with 2-minute access to I-84

• Only a few blocks away from the greenbelt, Esther Simplot park, Quinn’s pond

• 5-minute commute to downtown Boise

• High-end surrounding breweries, eateries and retail

• Unique opportunity for 200+ units in prime location

• Premium amenities highlight a playground with dog run, community garden and grilling

areas, as well as courtyard with a pool

• Roof top deck features unrestricted views of the Boise River, foothills and downtown

• Qualifying area for LIHTC

Approved Feb 26th, 2024

110 units

• Prime location just steps from the greenbelt

• Walking distance to upscale retail, eateries,

breweries, etc

• Less than 10 minutes to downtown

• Exclusive amenities including a courtyard with pet park, rooftop deck with community garden and unencumbered views of the Boise foothills

• Unique opportunity for multifamily in high demand area

• Qualifying area for LIHTC