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Updated over 9 years ago on . Most recent reply

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533
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Jeff Rappaport
  • Specialist
  • Salt Lake City, UT
378
Votes |
533
Posts

Idaho Land Development! Ready to build! $2.5M in equity!

Jeff Rappaport
  • Specialist
  • Salt Lake City, UT
Posted

24 acres zoned commercial.  Located on Cleveland Blvd (50,000 cars a day) between Caldwell and Nampa, Idaho.  Set up for multi family housing/elderly housing and commercial.  Back 10 acres has the highest density ever given in Idaho.  Set up for 55+ older community, assisted living and hospice.  Can build 421 units on the back 10 acres.  There are 9 commercial frontage pads that can be filled or sold off immediately once the buildings in the back start going up.  Sell off the commercial pads and pay for the entire project.  Can convert commercial pads to multi-family if desired. Permits are done and ready to build!   Price is $7.5M.  Value of the property as it stands is $10M+!  This is a wholesale deal and I have the property under contract.  I can pay a $100K finders fee for someone that brings me a buyer, developer or investor!  Contact Jeff at 801-209-2945 for more details.  

Offering

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