Four-Unit
For Sale
$850,000
11063 W Brassy Cove Loop, Nampa, ID 83651
Fully leased property with in-unit laundry and complete kitchen appliances.
Property Size3,800 SF
Price / SF$223.68
Days on Market8
Property Features for 11063 W Brassy Cove Loop
General Information
Standard status
Active
Size
3,800 SF
Property subtype
Multi-Family
Occupancy
100%
Additional Details
HOA Fee
$300
Highway Access
Yes
Multifamily Units
4
Amenities
refrigerator
dishwasher
range
microwave
full-size washer & dryer
clubhouse
gym
community pool
tot lot
fenced doggy play space
mailboxes
Building Details
Year Built
2007
Buildings
1
Listing Agency:
Silvercreek Realty Group
Listed By:
Deseree Dewey · License #SP30209
(208) 761-3021
Source:
Myrecollab
Added: Sep 20
Last Checked: Sep 26 at 12:30PM
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 Silvercreek Realty Group
Investment Insights
Based on property information with market context.
This four-unit quadplex contains 3,800 square feet and was built in 2007. Each residence features a contemporary interior, granite kitchen countertops, ample cabinetry, and a full appliance package that includes a refrigerator, dishwasher, range, microwave, and full-size washer and dryer. The property is fully leased.
Located at 11063 W Brassy Cove Loop in Nampa, the building offers quick access to the freeway and sits near schools, shopping, restaurants, Edwards Cinema, Amazon, NNU, and the Boulevard. The property is adjacent to a clubhouse, gym, community pool, tot lot, fenced dog play area, and mailboxes.
Located at 11063 W Brassy Cove Loop in Nampa, the building offers quick access to the freeway and sits near schools, shopping, restaurants, Edwards Cinema, Amazon, NNU, and the Boulevard. The property is adjacent to a clubhouse, gym, community pool, tot lot, fenced dog play area, and mailboxes.
Key Highlights
- Four‑unit quadplex with 3,800 square feet
- Fully leased residential income property
- Built in 2007
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$40,843
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.81%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$816,860
$816.9K
Cap Rate 7%
$583,471
$583.5K
Cap Rate 9%
$453,811
$453.8K
Market Conditions
NOI Build-Up for 3,800 SF
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.
Gross rent
$61.6K $16.20/SF
− Vacancy
−$3.2K −$0.85/SF
EGI
$58.3K $15.35/SF
− OpEx
−$17.5K −$4.61/SF
NOI
$40.8K $10.75/SF
Area
Nampa, ID
Vacancy
5.22%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$816,860
Cap Rate 7%
$583,471
Cap Rate 9%
$453,811
Alternative Uses
Best Use
Multifamily LT 5
$583.5K
$510.5K – $680.7K
NOI $40,843 @ 7.0% cap · market cap 4.81%
Second Best
Apartment 5plus
$535.0K
$468.1K – $624.1K
NOI $37,447 @ 7.0% cap · market cap 4.41%
Theoretical Best
Office A
$961.2K
$841.1K – $1.12M
NOI $67,287 @ 7.0% cap · market cap 7.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
158
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Quadplex - Fully leased property with in-unit laundry and complete kitchen appliances.
Where is this quadplex located?
The property is located at 11063 W Brassy Cove Loop Nampa, ID.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Four‑unit quadplex with 3,800 square feet; Fully leased residential income property; Built in 2007
