24-Unit Apartment
3126 E Victory Rd. - 24 Units Nampa, ID 83687
3126 E Victory Rd. - 24 Units, Nampa, ID, 83687
$6,801,112
For Sale
$6,801,112
MULTI_FAMILY - Nampa, ID
Property Size22,086 SF
Lot Size14.16 Acres
Price / SF$307.94
Days on Market341
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
- 22,086 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 12, 2025 Checked: Jul 18 at 11:06 am
MLS# 98957874
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 consists of a 24-unit apartment building within a larger, planned apartment complex. The listing notes that photos are from a similar property by the same builder, and the building is available in two of the three phases of the broader development. The project is described as having five buildings with this unit mix, including three 12-plexes and six additional 24-plex buildings.
The overall development is located at the intersection of Victory Road and Kings Road in Nampa, Idaho. The community is described as including a sports complex, a pool, and a clubhouse, along with additional amenities.
For investors or operators seeking multifamily exposure in a phased apartment project, this specific 24-unit building provides a clearly defined unit count inside a larger 300-unit community plan. With Phase One, including 120 units, stated to be under construction now, buyers can evaluate how this building aligns with their timeline and capital plan within the project’s staged delivery.
The overall development is located at the intersection of Victory Road and Kings Road in Nampa, Idaho. The community is described as including a sports complex, a pool, and a clubhouse, along with additional amenities.
For investors or operators seeking multifamily exposure in a phased apartment project, this specific 24-unit building provides a clearly defined unit count inside a larger 300-unit community plan. With Phase One, including 120 units, stated to be under construction now, buyers can evaluate how this building aligns with their timeline and capital plan within the project’s staged delivery.
Key Highlights
- 24‑unit apartment building at the intersection of Victory and Kings Roads in Nampa, Idaho
- Currently under construction with a projected Year Built of 2026
- Frame construction with vinyl siding
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 | $418.8k | $18.96 |
| − Vacancy | −$23.0k | −$1.04 |
| EGI | $395.7k | $17.92 |
| − OpEx | −$178.1k | −$8.06 |
| NOI | $217.6k | $9.85 |
22,086 SF · lease $18.96/SF/yr · vacancy 5.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$3.11M
$2.72M – $3.63M
NOI $217,646 @ 7.0% cap · market cap 3.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.59M
$4.89M – $6.52M
NOI $391,081 @ 7.0% cap · market cap 5.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Twenty-four units offered within a larger multi-building apartment project featuring community amenities and phased construction.
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 $6,801,112.
What are key features of this property?
This property features: 24‑unit apartment building at the intersection of Victory and Kings Roads in Nampa, Idaho; Currently under construction with a projected Year Built of 2026; Frame construction with vinyl siding
