Six-Unit Apartment
For Sale
$1,850,000
1000 1000-1014 W Orchard Ave, Nampa, ID 83651
Two parcels divide the residences evenly, with private fenced yards and covered and uncovered parking.
Property Size5,928 SF
Price / SF$312.08
Days on Market48
Property Features for 1000 1000-1014 W Orchard Ave
General Information
Standard status
Active
Size
5,928 SF
Total Parking Spaces
12
Property subtype
Multi-Family
Units
Unit Mix
4 x 3BR/2BA, 2 x 2BR/1BA
Multifamily Units
6
Additional Details
Highway Access
Yes
Amenities
fenced backyards
Building Details
Year Built
1995
Listing Agency:
Cashflow Real Estate
Listed By:
Veronica Valencia
(208) 600-4819
Source:
Platzplace
Added: Sep 11
Changed: Oct 25
Last Checked: Oct 7 at 4:24PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cashflow Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 5,928-square-foot apartment property, built in 1995, includes six residences arranged across two separate parcels with three units on each side. The mix comprises four three-bedroom, two-bath apartments and two two-bedroom, one-bath apartments. Each unit has a private, newly fenced backyard, creating a residential-style setting. Three of the three-bedroom apartments have been fully remodeled. One two-bedroom unit has also been fully renovated, while the other retains its original finishes aside from updated carpeting and is described as well maintained.
Parking includes six covered carport spaces and six uncovered spaces. The property is near freeway access, shopping, and restaurants, with the address placing it in Nampa, Idaho.
Parking includes six covered carport spaces and six uncovered spaces. The property is near freeway access, shopping, and restaurants, with the address placing it in Nampa, Idaho.
Key Highlights
- Six apartments totaling 5,928 SF on two separate parcels
- Unit mix includes four 3‑bedroom, 2‑bath units and two 2‑bedroom, 1‑bath units
- Three of the 3‑bedroom units have been fully remodeled
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,417
Cap Rate
3.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,168,340
$1.2M
Cap Rate 7%
$834,529
$834.5K
Cap Rate 9%
$649,078
$649.1K
Market Conditions
NOI Build-Up for 5,928 SF
Gross rent
$112.4K $18.96/SF
− Vacancy
−$6.2K −$1.04/SF
EGI
$106.2K $17.92/SF
− OpEx
−$47.8K −$8.06/SF
NOI
$58.4K $9.85/SF
Area
Nampa, ID
Vacancy
5.50%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,168,340
Cap Rate 7%
$834,529
Cap Rate 9%
$649,078
Alternative Uses
Best Use
Apartment 5plus
$834.5K
$730.2K – $973.6K
NOI $58,417 @ 7.0% cap · market cap 3.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.50M
$1.31M – $1.75M
NOI $104,968 @ 7.0% cap · market cap 5.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Lease Details
6
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
419
Businesses Nearby
Explore this area
Business Placement
Demographics for 83651, ID
34,509
Population
14,031
Households
2.5
Avg Household Size
35
Median Age
22%
College-Educated
86%
High-School Grad
15.9 sq mi
ZIP Area
2,170
Density / Sq Mi
$66,895
Median Household Income
$34,770
Median Earnings
$1,334
Median Rent
$312,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Two parcels divide the residences evenly, with private fenced yards and covered and uncovered parking.
Where is this apartment building located?
The property is located at 1000 1000-1014 W Orchard Ave Nampa, ID.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Six apartments totaling 5,928 SF on two separate parcels; Unit mix includes four 3‑bedroom, 2‑bath units and two 2‑bedroom, 1‑bath units; Three of the 3‑bedroom units have been fully remodeled
