Description
Exceptional 36-Unit Investment Opportunity Adjacent to the University of Idaho! Offered for the first time since original development, this purpose-built 36-unit multifamily asset is located just one block from campus and has maintained near-zero historical vacancy. Built in 2009 by the original owner for long-term hold, the property reflects durable construction, thoughtful design & pride of ownership. Hands-on management and consistent upkeep have produced stable cash flow & supported continued rent growth through 2026. The asset spans three buildings with a strong mix of 25 units with 2bd/2ba & 11 units with 3bd/2ba, all featuring in-unit laundry. New roofs have been installed on all buildings within the past three years. The unit mix appeals to students, grad students, university staff & young professionals, creating diversified demand & reduced turnover. Walkable to campus with nearby dining & retail along the Pullman Hwy corridor, this is a rare, stabilized investment opportunity.
Directions: From W Pullman Rd, N on Baker St, past A St. Located on the right.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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37,584SQFT
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$153$/SQFT
School Information
Courtesy of Latah Realty, LLC at 208-883-1525.Description
Exceptional 36-Unit Investment Opportunity Adjacent to the University of Idaho! Offered for the first time since original development, this purpose-built 36-unit multifamily asset is located just one block from campus and has maintained near-zero historical vacancy. Built in 2009 by the original owner for long-term hold, the property reflects durable construction, thoughtful design & pride of ownership. Hands-on management and consistent upkeep have produced stable cash flow & supported continued rent growth through 2026. The asset spans three buildings with a strong mix of 25 units with 2bd/2ba & 11 units with 3bd/2ba, all featuring in-unit laundry. New roofs have been installed on all buildings within the past three years. The unit mix appeals to students, grad students, university staff & young professionals, creating diversified demand & reduced turnover. Walkable to campus with nearby dining & retail along the Pullman Hwy corridor, this is a rare, stabilized investment opportunity.
Directions: From W Pullman Rd, N on Baker St, past A St. Located on the right.
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