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16953 N Pamela's Loop, Nampa, ID, 83651
Well-Maintained 4-Plex Rental

16953 N Pamela's Loop Nampa, ID 83651

For Sale
$835,000

Four well-maintained units each feature in-unit appliances and covered parking, with recent interior upgrades including LVP and carpeting.

Property Size3,720 SF
Price / SF$224.46
Days on Market60

Property Features for 16953 N Pamela's Loop

General Information

Standard status Active
Size 3,720 SF
Property subtype Quadruplex

Building Details

Year Built 2005
Listing Agency: Keller Williams Realty Boise
Listed By: Tracy Grove
Source: Thgboise
Added: Jun 1 Changed: Jul 28 Last Checked: Jul 30 at 5:43AM

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 Keller Williams Realty Boise

Investment Insights

Based on property information with market context.

This well-maintained 4-plex offers four residential units with covered parking. One unit has been fully updated with LVP, carpet, new countertops, and light fixtures, and all four units have received some upgrades including LVP, carpet, and light fixtures. Each unit includes a refrigerator, washer, dryer, dishwasher, and stove.

The property is located in central Nampa and is described as being near shopping, downtown Nampa, schools, and major employment opportunities.

On-site amenities include a clubhouse and tennis courts. The offering is described as turnkey, with tenants in place and established property management.

Key Highlights

  • Well‑maintained 4‑plex built in 2005 in central Nampa
  • All units include a refrigerator, washer, dryer, dishwasher, and stove
  • Covered parking provided for each unit

Financial Insights For Multifamily LT 5

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 $60.3k $16.20
− Vacancy −$3.1k −$0.85
EGI $57.1k $15.35
− OpEx −$17.1k −$4.61
NOI $40.0k $10.75
3,720 SF · lease $16.20/SF/yr · vacancy 5.22% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$571.2K
$499.8K – $666.4K (±1% cap)
NOI $39,983 @ 7.0% cap · market cap 4.79%
Second Best
Apartment 5plus
$523.7K
$458.2K – $611.0K (±1% cap)
NOI $36,659 @ 7.0% cap · market cap 4.39%
Theoretical Best
Office A
$941.0K
$823.4K – $1.10M (±1% cap)
NOI $65,871 @ 7.0% cap · market cap 7.89%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Location Intelligence

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Auto Repair Shop Big Box & Wholesale Store Hair Salon

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Quadplex - Four well-maintained units each feature in-unit appliances and covered parking, with recent interior upgrades including LVP and carpeting.
Where is this quadplex located?
The property is located at 16953 N Pamela's Loop Nampa, ID.
What is the asking price?
The asking price for this property is $835,000.
What are key features of this property?
This property features: Well‑maintained 4‑plex built in 2005 in central Nampa; All units include a refrigerator, washer, dryer, dishwasher, and stove; Covered parking provided for each unit
More about this property
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