2021 Smart-Home
For Sale
$1,100,000
16845 N Seabright Lane, Nampa, ID 83687
Four-unit property with smart-home features and community amenities managed through required onsite services.
Property Size6,678 SF
Price / SF$164.72
Days on Market56
Property Features for 16845 N Seabright Lane
General Information
Standard status
Active
Size
6,678 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
4
Amenities
doorbell cameras
smart lock
smart thermostat
Building Details
Year Built
2021
Buildings
1
Listed By:
Aspire Realty Group
(208) 615-2433
Source:
Aspirerealtyagents
Added: Aug 12
Changed: Sep 12
Last Checked: Oct 5 at 6:57PM
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 Aspire Realty Group
Investment Insights
Based on property information with market context.
Built in 2021, this fourplex contains 6,678 square feet and is located in the Laguna Farms subdivision. Each unit includes a video doorbell, smart lock, and smart thermostat, providing integrated residential technology across the property.
Maxx Property Management provides onsite management and is required under the CC&Rs, with a fee of 7% of collected rents. HOA West oversees the community, with association services covering water, sewer, trash, basic internet, exterior maintenance, landscaping, snow removal, the master insurance policy, and upkeep of community amenities.
Planned and existing neighborhood amenities include a clubhouse, gym, pool, playground, volleyball courts, and dog park, with the latter two slated for installation.
Maxx Property Management provides onsite management and is required under the CC&Rs, with a fee of 7% of collected rents. HOA West oversees the community, with association services covering water, sewer, trash, basic internet, exterior maintenance, landscaping, snow removal, the master insurance policy, and upkeep of community amenities.
Planned and existing neighborhood amenities include a clubhouse, gym, pool, playground, volleyball courts, and dog park, with the latter two slated for installation.
Key Highlights
- Fourplex built in 2021 with 6,678 square feet
- Smart‑home equipment includes doorbell cameras, smart locks, and smart thermostats
- Maxx Property Management is required under the CC&Rs and charges 7% of collected rents
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,775
Cap Rate
6.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,435,500
$1.4M
Cap Rate 7%
$1,025,357
$1.0M
Cap Rate 9%
$797,500
$797.5K
Market Conditions
NOI Build-Up for 6,678 SF
Gross rent
$108.2K $16.20/SF
− Vacancy
−$5.6K −$0.85/SF
EGI
$102.5K $15.35/SF
− OpEx
−$30.8K −$4.61/SF
NOI
$71.8K $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%
$1,435,500
Cap Rate 7%
$1,025,357
Cap Rate 9%
$797,500
Alternative Uses
Best Use
Multifamily LT 5
$1.03M
$897.2K – $1.20M
NOI $71,775 @ 7.0% cap · market cap 6.53%
Second Best
Apartment 5plus
$940.1K
$822.6K – $1.10M
NOI $65,808 @ 7.0% cap · market cap 5.98%
Theoretical Best
Office A
$1.69M
$1.48M – $1.97M
NOI $118,249 @ 7.0% cap · market cap 10.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
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
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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 - Four-unit property with smart-home features and community amenities managed through required onsite services.
Where is this quadplex located?
The property is located at 16845 N Seabright Lane Nampa, ID.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Fourplex built in 2021 with 6,678 square feet; Smart‑home equipment includes doorbell cameras, smart locks, and smart thermostats; Maxx Property Management is required under the CC&Rs and charges 7% of collected rents
