8-Unit Multifamily Apartment
For Sale
$1,700,000
Pending
9212 W Brogan Dr A & B, Boise, ID 83709
MULTI_FAMILY - Boise, ID
Property Size9,424 SF
Days on Market73
Property Features for 9212 W Brogan Dr A & B
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Bedrooms
24
Bathrooms
16
Full bathrooms
16
Rooms
Bedroom 21, Bedroom 23, Bathroom 2, Bedroom 2, Bathroom 12, Bedroom 13, Bathroom 9, Bathroom 3, Bathroom 16, Bathroom 14, Bedroom 22, Bathroom 8, Bedroom 18, Bedroom 6, Bedroom 5, Bedroom 12, Bedroom 7, Bedroom 3, Bathroom 5, Bedroom 8, Bedroom 9, Bedroom 16, Bathroom 6, Bathroom 15, Bedroom 1, Bathroom 13, Bedroom 17, Bathroom 4, Bedroom 14, Bedroom 10, Bedroom 19, Bathroom 10, Bedroom 15, Bedroom 11, Bedroom 4, Bedroom 20, Bathroom 11, Bathroom 7, Bathroom 1, Bedroom 24
Parking
8
Appliances
Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units)
Subdivision
Charter Pointe
Lot features
Irrigation, Sidewalks
Elementary school
Desert Sage
Middle school
LkHazel Jr
High school
Mountain View
Elementary school district
West Ada School District
Middle school district
West Ada School District
High school district
West Ada School District
Directions
Overland / S on Maple Grove past Lake Hazel / W on Brogan to entrance, then east to building.
Standard status
Pending
APN
R1376640060 & R1376640070
Size
9,424 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
Unit A Bldg 3 Charter Pointe Village 4-Plex Condos Unit B Bldg 3 Charter Pointe Village 4-Plex Condos
Tax Annual Amount
5926
HOA Fee
$860 Monthly
Legal Description
Unit A Bldg 3 Charter Pointe Village 4-Plex Condos Unit B Bldg 3 Charter Pointe Village 4-Plex Condos
Utilities
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Building Details
Year built
2006
Number of units
8
Flooring type
Vinyl, Laminate
Building materials
Stucco, Synthetic
Roof type
Composition
Listing Agency:
RE/MAX Advisors · RE/MAX International
(208) 375-9700
Listed By:
Darrin Jaszkowiak · License #DB17849
(208) 863-0444
Added: May 19
Changed: Jul 29
Last Checked: Jul 30 at 2:06PM
MLS# 98986898
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 an 8-unit multifamily apartment building arranged as two separate 4-plex buildings. Each unit features a 3-bedroom, 2-bathroom layout. The property is described as well-maintained, and exterior maintenance is handled by the owners’ association, which can reduce day-to-day management burdens.
The buildings are located in the South Boise area among established single-family homes. The listing also notes that an additional 8-unit building is available, also configured as two 4-plexes. The seller’s remarks cite a 5.7% cap rate and a stable rent history.
For investors or operators seeking a small-to-mid-sized residential income asset, this configuration can be attractive due to the consistent unit mix across all 8 units. The owner-association approach to exterior maintenance is a practical consideration for buyers looking to streamline responsibility while continuing to monetize a multi-unit residential portfolio. Interested parties should review the rent and expense details and the scope of the association’s exterior maintenance responsibilities as part of underwriting.
The buildings are located in the South Boise area among established single-family homes. The listing also notes that an additional 8-unit building is available, also configured as two 4-plexes. The seller’s remarks cite a 5.7% cap rate and a stable rent history.
For investors or operators seeking a small-to-mid-sized residential income asset, this configuration can be attractive due to the consistent unit mix across all 8 units. The owner-association approach to exterior maintenance is a practical consideration for buyers looking to streamline responsibility while continuing to monetize a multi-unit residential portfolio. Interested parties should review the rent and expense details and the scope of the association’s exterior maintenance responsibilities as part of underwriting.
Key Highlights
- 8‑unit multifamily building (two 4‑plex) built in 2006
- Each unit offers a 3‑bedroom, 2‑bathroom layout
- Central air cooling and forced‑air natural gas heating
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 | $182.1k | $19.32 |
| − Vacancy | −$2.0k | −$0.21 |
| EGI | $180.1k | $19.11 |
| − OpEx | −$81.0k | −$8.60 |
| NOI | $99.0k | $10.51 |
9,424 SF · lease $19.32/SF/yr · vacancy 1.09% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.41M
$1.24M – $1.65M
NOI $99,048 @ 7.0% cap · market cap 5.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.60M
$2.28M – $3.04M
NOI $182,185 @ 7.0% cap · market cap 10.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
151
Businesses Nearby
Explore this area
Business Placement
Demographics for 83709, ID
59,461
Population
22,262
Households
2.7
Avg Household Size
38
Median Age
37%
College-Educated
96%
High-School Grad
33.7 sq mi
ZIP Area
1,764
Density / Sq Mi
$88,893
Median Household Income
$48,981
Median Earnings
$1,743
Median Rent
$440,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained 8-unit property with 3-bedroom, 2-bath layouts and owner-association exterior maintenance.
Where is this apartment building located?
The property is located at 9212 W Brogan Dr A & B Boise, ID.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 8‑unit multifamily building (two 4‑plex) built in 2006; Each unit offers a 3‑bedroom, 2‑bathroom layout; Central air cooling and forced‑air natural gas heating
