New Apartment Community with 14
3126 E Victory Rd. Nampa, ID 83687
3126 E Victory Rd., Nampa, ID, 83687
Contact for pricing
For Sale
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MULTI_FAMILY - Nampa, ID
Property Size279,486 SF
Lot Size14.16 Acres
Price / SF$307.90
Days on Market347
Property Features for 3126 E Victory Rd.
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Property condition
- Under Construction
- Parking
- 578
- Appliances
- Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (All Units)
- Standard status
- Active
- APN
- R3174700000
- Size
- 279,486 SF
- Lot size
- 14.16 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 24-3N-2W SW TX 21293 IN W1/2 SWSW LS RD
- Tax Annual Amount
- 593000
Utilities
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
Building Details
- Year built
- 2026
- Number of units
- 300
- Flooring type
- Laminate
- Building materials
- Frame, Vinyl Siding
Listing Agency
KW Commercial
(208) 475-1313
1065 S Allante Pl, Boise, ID
Listed by
Tricia Callies · License #AB18477
(208) 412-4771
Added: Aug 6, 2025 Checked: Jul 18 at 9:06 am
MLS# 98957183
Listing URL
Copyright © 2026 Intermountain Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering is a newly planned 300-unit apartment complex comprised of fourteen buildings, including three 12-plexes and eleven 24-plexes. Phase One, totaling 120 units, is under construction now, with the overall project scheduled to begin construction in April 2026. The community is designed for modern apartment living, with state-of-the-art amenities, spacious floor plans, and high-quality finishes. Resident facilities described for the project include a fitness center, community lounge, outdoor recreational areas, and ample parking. Note that the provided photos are from a similar property built by the same developer.
The site is located at the intersection of Victory Road and Kings Road in Nampa, Idaho. The project is positioned near the College of Western Idaho and a thriving category-killer retail center, supporting a tenant base drawn from both education and retail employment.
For buyers or operators seeking multifamily development with a defined unit mix, this project offers a clearly staged build-out, with Phase One already underway and additional buildings planned as the broader community comes online. The combination of multiple building configurations and on-site amenity programming is intended to support everyday resident convenience while providing a cohesive community layout across the fourteen-building plan.
The site is located at the intersection of Victory Road and Kings Road in Nampa, Idaho. The project is positioned near the College of Western Idaho and a thriving category-killer retail center, supporting a tenant base drawn from both education and retail employment.
For buyers or operators seeking multifamily development with a defined unit mix, this project offers a clearly staged build-out, with Phase One already underway and additional buildings planned as the broader community comes online. The combination of multiple building configurations and on-site amenity programming is intended to support everyday resident convenience while providing a cohesive community layout across the fourteen-building plan.
Key Highlights
- New 300‑unit apartment complex in Nampa, ID at the intersection of Victory Rd and Kings Rd
- Under construction with Phase One including 120 units; construction can begin in April 2026
- Complex layout: fourteen (14) buildings—three (3) 12‑plexes and eleven (11) 24‑plexes
Local Financial Insights For Apartment 5plus
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 | $5.30M | $18.96 |
| − Vacancy | −$291.4k | −$1.04 |
| EGI | $5.01M | $17.92 |
| − OpEx | −$2.25M | −$8.06 |
| NOI | $2.75M | $9.85 |
279,486 SF · lease $18.96/SF/yr · vacancy 5.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$39.35M
$34.43M – $45.90M
NOI $2,754,184 @ 7.0% cap · market cap 3.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$70.70M
$61.86M – $82.48M
NOI $4,948,914 @ 7.0% cap · market cap 5.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - A new 300-unit apartment development planned at a major intersection, with multiple building types and resident amenities.
Where is this apartment building located?
The property is located at 3126 E Victory Rd. Nampa, ID.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: New 300‑unit apartment complex in Nampa, ID at the intersection of Victory Rd and Kings Rd; Under construction with Phase One including 120 units; construction can begin in April 2026; Complex layout: fourteen (14) buildings—three (3) 12‑plexes and eleven (11) 24‑plexes
