South Boise Multifamily Investment
9212 W Brogan Dr A & B, Boise, ID 83709
New
- Added:
- May 19, 2026
- Days on Market:
- 4
- Last Refresh:
- May 22 at 8:06 pm
Property Features for 9212 W Brogan Dr A & B
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Bedrooms
- 24
- Bathrooms
- 16
- Rooms
- Bedroom 7, Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 13, Bathroom 3, Bathroom 14, Bedroom 14, Bathroom 7, Bedroom 8, Bedroom 22, Bathroom 10, Bathroom 8, Bathroom 6, Bedroom 21, Bedroom 3, Bathroom 9, Bathroom 16, Bedroom 6, Bathroom 12, Bedroom 23, Bedroom 5, Bathroom 4, Bedroom 18, Bathroom 5, Bedroom 20, Bathroom 11, Bedroom 19, Bedroom 11, Bedroom 9, Bathroom 15, Bedroom 4, Bedroom 17, Bedroom 12, Bedroom 15, Bedroom 16, Bathroom 2, Bedroom 10, Bedroom 24, Bathroom 13
- Parking
- 8
- Appliances
- Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units)
- Standard status
- Active
- 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
Utilities
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 2006
- Number of units
- 8
- Flooring type
- Laminate, Vinyl
- Building materials
- Stucco, Synthetic
- Roof type
- Composition
Listing agent Darrin Jaszkowiak License #DB17849 (208) 863-0444
Listing office RE/MAX Advisors 1952 S Eagle Rd, Boise, ID (208) 375-9700
Listing date May 19, 2026
MLS# 98986898
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.
HighLights
- Strong Investment: 5.7% CAP rate and stable rent history ensure reliable cash flow.
- Desirable Units: Each unit features a spacious 3‑bedroom, 2‑bathroom layout, attracting tenants.
- Hands‑Off Management: Exterior maintenance is handled by the owners' association.
- Prime South Boise Location: Close to amenities, schools, and parks.
- Well‑Maintained: Property is in good condition.
- Modern Construction: Built in 2006.
Overview
This well-maintained 8-unit building, comprised of two 4-plexes, presents an exceptional investment opportunity in the desirable South Boise area, surrounded by established single-family homes. Each unit features a spacious 3-bedroom, 2-bathroom layout, making it a sought-after choice for tenants and ensuring consistent occupancy. With a 5.7% CAP rate and a stable rent history, this property offers reliable cash flow for investors. Exterior maintenance is handled by the owners' association, making it easy to manage. The property is located in a prime neighborhood close to amenities, schools, and parks. This multifamily property is 9424 square feet and is suitable for residential income. This property combines the benefits of a great location with the financial security of a proven income stream.
Financial Insights
Value Estimation Calculated for Apartment 5plus
Conservative
$1.10M
NOI $99,048 @ 9.00% cap · cautious / downside scenario
Moderate
$1.41M
NOI $99,048 @ 7.00% cap · market / base-case scenario
Aggressive
$1.98M
NOI $99,048 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Apartment 5plus
| 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 Use Scenarios
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 local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Boise
- County
- Ada
- State
- Idaho
- Longitude
- -116.297426
- Latitude
- 43.5444278
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Well-maintained 8-unit building with strong returns in South Boise.
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: Strong Investment: 5.7% CAP rate and stable rent history ensure reliable cash flow.; Desirable Units: Each unit features a spacious 3‑bedroom, 2‑bathroom layout, attracting tenants.; Hands‑Off Management: Exterior maintenance is handled by the owners' association.
