Land/Property · Boise, ID 83706
5106 W Fairview Ave, Boise, ID 83706
Boise, ID 83706
$4,300,000
ActiveMLS® 98984149
Fairview Village represents a two-phase multifamily development, approved by Boise's Design Review Commission following rigorous public review. A fully entitled, 205-unit multifamily opportunity on the Boise Bench that's ready for the developer who moves with conviction. The current Podium build, designed for maximum capital efficiency, with a unit mix built to capture Boise's most active rental demand segment: workforce and moderate-income households. Utilize flexible execution paths like layered public financing (LIHTC, HUD 221(d)(4), tax-exempt bonds) or a pivot to market-rate garden-style delivery with a strategic capital stack. Boise's fundamentals do the talking: 3.2% rent growth, sub-5.4% vacancy, and a supply pipeline that has materially contracted. The entitlements are done. The only question is who's ready to build. This is the deal for a developer who knows that the best time to move in Boise was five years ago, and the second best time is now.
Utilities
- Sewer Sewer-Exist
- Utilities Natural Gas Connected, Electricity Connected, Overhead, Phone Connected, Sewer Connected, Underground Utilities, Other
- Water City Service
Land and Lot
- Lot size 1.938 acres (84,419 sq ft)
- Current Use 5+ Units
- Lot description 1 Acre - 4.99 Acres, Level
Location and Zoning
- Road/Access Gravel, Paved
- Zoning description MX-3
- County Ada
- Subdivision Cruzen Mtn View
- Neighborhood Winstead Park
Schools
- High School Capital
- School District Boise School District #1
- Elementary School Koelsch
- Junior High School Fairmont
Tax and Legal
- Annual tax $17,957.78
- Tax year 2025
- Parcel number R1625500899,R1625500897,R1625500780,R1625500850
- Legal description LOTS 28-32 INC BLK 05 CRUZEN MTN VIEW ADD #0895-B; LOTS 25-27 INC BLK 05 CRUZEN MTN VIEW ADD #0895-S; LOTS 1 TO 14 INC BLK 5 CRUZEN MTN VIEW ADD; LOTS 15/16 BLK 5 CRUZEN MTN VIEW ADD
Listing Information
- Listing Agent
- William Cowdry
- Listing Office
- Silvercreek Realty Group
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