Fourplex with Community
For Sale
$849,900
11187 Brassy Cove Loop, Nampa, ID 83651
Four split-layout units feature private balconies, in-unit laundry, and two bedrooms with two bathrooms each.
Property Size3,800 SF
Price / SF$223.66
Days on Market53
Property Features for 11187 Brassy Cove Loop
General Information
Standard status
Active
Size
3,800 SF
Property subtype
Multi Family Home
Units
Unit Mix
4 x 2BR/2BA
Multifamily Units
4
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$6,030
Amenities
swimming pool
playground
gym
clubhouse
dog park
basketball court
private balcony
storage closet
in-unit washer/dryer
8
8.00
Building Details
Year Built
2012
Construction
stucco
Listing Agency:
Silvercreek Realty Group
Listed By:
Tamara Rowe · License #SP44394
(208) 377-0422
Source:
Clearwaterproperties
Added: Aug 25
Changed: Oct 16
Last Checked: Oct 16 at 9:16AM
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
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Investment Insights
Based on property information with market context.
Built in 2012, this 3,800-square-foot quadplex contains four units with spacious split two-bedroom, two-bathroom layouts. Interior features include fully equipped kitchens with granite countertops, luxury vinyl plank flooring, full-size washers and dryers, private balconies, and storage closets. Central air and forced-air heating support year-round comfort, while the stucco exterior and aluminum soffits provide a low-maintenance exterior package.
The property is located on Brassy Cove Loop in Nampa near St. Luke’s Hospital, Amazon, Northwest Nazarene University, and local schools. Residents have access to a swimming pool, playground, gym, clubhouse, dog park, basketball court, and green space within the Brassy Cove community. Freeway access connects the property with destinations throughout the Treasure Valley, and an on-site manager handles maintenance needs.
The property is located on Brassy Cove Loop in Nampa near St. Luke’s Hospital, Amazon, Northwest Nazarene University, and local schools. Residents have access to a swimming pool, playground, gym, clubhouse, dog park, basketball court, and green space within the Brassy Cove community. Freeway access connects the property with destinations throughout the Treasure Valley, and an on-site manager handles maintenance needs.
Key Highlights
- 3,800‑square‑foot quadplex built in 2012
- Four units, each with a split two‑bedroom, two‑bathroom floor plan
- Granite countertops, luxury vinyl plank flooring, and full‑size washer and dryer in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,843
Cap Rate
4.81%
Suggested Prices Based on Cap Rates
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
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 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.
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Current Use
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
206
Businesses Nearby
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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?
Quadplex - Four split-layout units feature private balconies, in-unit laundry, and two bedrooms with two bathrooms each.
Where is this quadplex located?
The property is located at 11187 Brassy Cove Loop Nampa, ID.
What is the asking price?
The asking price for this property is $849,900.
What are key features of this property?
This property features: 3,800‑square‑foot quadplex built in 2012; Four units, each with a split two‑bedroom, two‑bathroom floor plan; Granite countertops, luxury vinyl plank flooring, and full‑size washer and dryer in each unit
