New Construction Apartment
New
For Sale
$2,399,900
5003 E Woodward Ln., Nampa, ID 83687
MULTI_FAMILY - Nampa, ID
Property Size8,070 SF
Price / SF$297.39
Days on Market3
Property Features for 5003 E Woodward Ln.
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
14
Bathrooms
18
Full bathrooms
18
Rooms
Bedroom 11, Bathroom 13, Bathroom 11, Bathroom 10, Bedroom 7, Bedroom 4, Bathroom 6, Bedroom 9, Bedroom 8, Bedroom 13, Bathroom 18, Bedroom 6, Bathroom 4, Bathroom 5, Bathroom 1, Bedroom 10, Bathroom 15, Bathroom 8, Bedroom 12, Bedroom 5, Bedroom 2, Bathroom 17, Bathroom 3, Bathroom 7, Bathroom 12, Bathroom 16, Bathroom 2, Bedroom 14, Bedroom 3, Bathroom 9, Bathroom 14, Bedroom 1
Parking
12
Parking features
Driveway
Appliances
Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (All Units)
Subdivision
Maple Leaf
Lot features
10000 S F - .49, Irrigation
Elementary school
Endeavor Nampa
Middle school
East Valley Mid
High school
Columbia
Elementary school district
Nampa School District #131
Middle school district
Nampa School District #131
High school district
Nampa School District #131
Directions
From I-84, take exit 38. South on Garrity, East on Stamm Ln, South on Acer Loop.
Standard status
Active
APN
Multiple
Size
8,070 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
See Docs - Exhibit A
Tax Annual Amount
13485
HOA Fee
$6,500 Annually
Legal Description
See Docs - Exhibit A
Utilities
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Amenities
10' ceilings
open-concept living
granite countertops
upgraded lighting
shiplap and board & batten accents
stainless steel LG appliances
refrigerator
washer and dryer
second-floor laundry
walk-in closets
en suite bathrooms
attached garages
private fenced yards
low-maintenance landscaping
Building Details
Year built
2024
Number of units
6
Building materials
HardiPlank Type
Roof type
Composition
Listing Agency:
Silvercreek Realty Group
(208) 377-0422
Listed By:
Steven Lee · License #SP53867
(208) 412-3484
Added: Aug 3
Last Checked: Aug 5 at 3:06AM
MLS# 98996071
Copyright © 2026 Intermountain Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 8,070-square-foot apartment building portfolio, completed in 2024, comprises six separately deeded townhomes. The unit mix includes four two-bedroom, 2.5-bath residences and two three-bedroom, 2.5-bath residences. Interior features include 10-foot ceilings, open living areas, granite countertops, upgraded lighting, stainless steel LG appliances, in-unit washers and dryers, second-floor laundry, walk-in closets, and en suite bathrooms. Each home also includes a private fenced yard, low-maintenance landscaping, and an attached one- or two-car garage.
The property is fully leased and professionally managed, with no rental restrictions stated. It offers access to I-84, Saint Alphonsus Medical Campus, and Meridian, which is approximately 10 minutes away. Heating is provided by natural gas and forced air, with central air conditioning throughout.
The property is fully leased and professionally managed, with no rental restrictions stated. It offers access to I-84, Saint Alphonsus Medical Campus, and Meridian, which is approximately 10 minutes away. Heating is provided by natural gas and forced air, with central air conditioning throughout.
Key Highlights
- Six separately deeded townhomes totaling 8,070 square feet
- Unit mix: four 2 bed/2.5 bath and two 3 bed/2.5 bath residences
- Built in 2024 with 10‑foot ceilings and granite countertops
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $153.0k | $18.96 |
| − Vacancy | −$8.4k | −$1.04 |
| EGI | $144.6k | $17.92 |
| − OpEx | −$65.1k | −$8.06 |
| NOI | $79.5k | $9.85 |
8,070 SF · lease $18.96/SF/yr · vacancy 5.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.14M
$994.1K – $1.33M
NOI $79,525 @ 7.0% cap · market cap 3.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.04M
$1.79M – $2.38M
NOI $142,897 @ 7.0% cap · market cap 5.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
66
Businesses Nearby
Explore this area
Business Placement
Demographics for 83687, ID
37,254
Population
14,484
Households
2.6
Avg Household Size
33
Median Age
27%
College-Educated
91%
High-School Grad
49.4 sq mi
ZIP Area
754
Density / Sq Mi
$72,294
Median Household Income
$40,328
Median Earnings
$1,416
Median Rent
$369,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Six individually deeded townhomes are fully leased and professionally managed.
Where is this apartment building located?
The property is located at 5003 E Woodward Ln. Nampa, ID.
What is the asking price?
The asking price for this property is $2,399,900.
What are key features of this property?
This property features: Six separately deeded townhomes totaling 8,070 square feet; Unit mix: four 2 bed/2.5 bath and two 3 bed/2.5 bath residences; Built in 2024 with 10‑foot ceilings and granite countertops
