Description
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. Seller is offering 2 separate sets of plans . 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: 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.
