597 Maple Grove Rd Boise, ID 83704
- Apartment buildings
Current Use by Public Records
- Telluride Apartments / Apartment Complex
Property Details for 597 Maple Grove Rd
- Year built
- 2023
- Property type
- Apartment buildings
Description
This exceptional 102-unit apartment building, completed in 2023, presents a compelling investment opportunity. Located at 597 N Maple Grove Rd, Boise, ID 83704, in Ada County, this three-story garden-style property boasts 110,124 square feet of net rentable space. Currently enjoying a 95% occupancy rate, the Telluride Apartments are a testament to the strong demand for quality housing in this thriving market. The building's modern design and desirable location contribute to its consistent performance, making it an attractive option for investors seeking a stabilized asset with significant potential for future growth. Built in 2023, the property is a new construction, ensuring modern amenities and efficient operations. The Telluride Apartments represent a prime example of a fully amenitized asset in a strong location, poised to outperform the market regardless of broader economic conditions. This is a rare opportunity to acquire a high-performing multifamily property in a rapidly growing area. The property's strong performance and location make it an ideal investment for those seeking a stable and profitable asset. The building's modern design and high occupancy rate are key indicators of its success and potential for continued growth.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Boise
- County
- Ada
- State
- Idaho
- Longitude
- -116.295
- Latitude
- 43.6101
