200 37Th StBoise, ID 83714

This exceptional 2.7-acre parcel in Boise, Idaho, presents a unique opportunity for multifamily development. Located at 200 W 37th St, in Ada County, zip code 83714, this C-2 zoned land boasts pre-approved plans for a 220-unit residential complex, approved February 12, 2024. The property's prime location offers unparalleled convenience, with just a two-minute drive to Interstate 84, ensuring optimal commuter access. Residents will enjoy proximity to the Boise greenbelt, Esther Simplot Park, and Quinn's Pond, as well as a vibrant array of breweries, restaurants, and retail establishments. The planned development includes premium amenities designed to enhance resident lifestyles. These amenities will feature a playground with a dog run, a community garden, grilling areas, a courtyard with a swimming pool, and a rooftop deck offering breathtaking, unrestricted views of the Boise River, foothills, and downtown Boise. Furthermore, this location qualifies for the Low-Income Housing Tax Credit (LIHTC) program, presenting additional investment advantages. This is a rare chance to acquire a fully approved development site in a highly desirable Boise neighborhood. The asking price for this exceptional opportunity is $4,840,000.