5855 Glenwood St. & 7979Garden City, ID 83714

Property Details for 5855 Glenwood St. & 7979

Lot size

3.51 AC

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional 3.51-acre parcel in Garden City, Idaho, presents a remarkable opportunity for multifamily development. Zoned C-2, the property is fully entitled for a seven-story building encompassing approximately 219,840 square feet of rentable space. The proposed design includes 229 residential units, a substantial 399-stall parking garage with an additional 254 bike parking spaces. Amenities are extensive, featuring an in-ground pool, playground, plaza, art installation, and a rooftop deck with sitting areas and a public garden. Indoor amenities include a convenient dog wash, all located on the ground floor and within the common building and rooftop. Residents will enjoy breathtaking views of the Boise River, the foothills, and downtown Boise. The property's strategic location near Boise Hawks Stadium and the Idaho Expo further enhances its appeal. With a rapidly growing population and rising incomes in Garden City, this development promises strong returns. APN: R8191507450, R8191507460. Asking price: $6,297,500. This is a truly exceptional investment opportunity in a thriving market. The address is 5855 N. Glenwood St. & 7979 W. Marigold, Garden City, ID 83714.

Location Insight

City

Garden City

County

Ada

State

Idaho

Latitude

43.6586

Longitude

-116.28

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