24-Unit Apartment
3126 E Victory Rd. - 24 Units Nampa, ID 83687
3126 E Victory Rd. - 24 Units, Nampa, ID, 83687
$6,611,427
For Sale
$6,611,427
MULTI_FAMILY - Nampa, ID
Property Size20,796 SF
Lot Size14.16 Acres
Price / SF$317.92
Days on Market345
Property Features for 3126 E Victory Rd. - 24 Units
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
- 20,796 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
- 47440
Utilities
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
Building Details
- Year built
- 2026
- Number of units
- 24
- 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 8, 2025 Checked: Jul 18 at 10:06 am
MLS# 98957506
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 for a planned 24-unit apartment building that is part of a larger apartment complex totaling 300 units. Construction for this specific building is scheduled to begin in April 2026, and the project is available in two of the three phases. Within the overall development, there are six buildings with the described unit mix, including three 12-plexes and five additional 24-plexes.
The property is situated at the intersection of Victory and Kings Roads in Nampa, Idaho. The broader complex is planned to include amenities such as a sports complex, a pool, and a clubhouse. The listing notes that photos shown are from a similar property built by the same builder. Phase One of the overall project, totaling 120 units, is under construction now.
For buyers evaluating a new multifamily development, this package provides exposure to a coordinated, multi-building community plan rather than a standalone building. As presented, it is well suited to ownership or investment strategies that align with phased delivery, and it offers a clear path from pre-development planning into construction timing for the 24-unit component being offered.
The property is situated at the intersection of Victory and Kings Roads in Nampa, Idaho. The broader complex is planned to include amenities such as a sports complex, a pool, and a clubhouse. The listing notes that photos shown are from a similar property built by the same builder. Phase One of the overall project, totaling 120 units, is under construction now.
For buyers evaluating a new multifamily development, this package provides exposure to a coordinated, multi-building community plan rather than a standalone building. As presented, it is well suited to ownership or investment strategies that align with phased delivery, and it offers a clear path from pre-development planning into construction timing for the 24-unit component being offered.
Key Highlights
- 24‑unit building within a larger 300‑unit apartment complex.
- Prime location at Victory and Kings Roads in Nampa, Idaho.
- Access to amenities including a sports complex, pool, and clubhouse.
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 | $394.3k | $18.96 |
| − Vacancy | −$21.7k | −$1.04 |
| EGI | $372.6k | $17.92 |
| − OpEx | −$167.7k | −$8.06 |
| NOI | $204.9k | $9.85 |
20,796 SF · lease $18.96/SF/yr · vacancy 5.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.93M
$2.56M – $3.42M
NOI $204,933 @ 7.0% cap · market cap 3.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.26M
$4.60M – $6.14M
NOI $368,239 @ 7.0% cap · market cap 5.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Planned 24-unit multifamily building within a phased 300-unit apartment community.
Where is this apartment building located?
The property is located at 3126 E Victory Rd. - 24 Units Nampa, ID.
What is the asking price?
The asking price for this property is $6,611,427.
What are key features of this property?
This property features: 24‑unit building within a larger 300‑unit apartment complex.; Prime location at Victory and Kings Roads in Nampa, Idaho.; Access to amenities including a sports complex, pool, and clubhouse.
