Are you searching for a quadplex for sale that promises solid returns and long-term growth? Look no further. We present an exclusive chance to invest in a turnkey 4-unit apartment building for sale in the booming community of Payette County, Idaho.
Download Quadplex PlansStarting at $780,000 without smart technologies
$850,000 with full network engineering, smart tech integrations, and security systems
$52,921 annually
6.8%
Situated near Boise, Payette County is experiencing rapid growth, making this quadplex for sale highly desirable. The area's strong economy and increasing population ensure high demand for multi-family investment properties like this 4-unit apartment building for sale.
Property Type: Multi-Family Investment - Quadplex
Total Size: 3,720 sq. ft.
Rental Units: 4 units, each with 2 bedrooms and 2 bathrooms
Per Unit Rent: $1,475 per month
Total Monthly Rent: $5,900
Total Annual Rent: $70,800
Price per Sq. Ft.: $167
Lower operational expenses increase your returns and reduce the investment burden, ensuring higher profitability.
Year | Rental Income | NOI | Operating Expenses |
---|---|---|---|
Year 1 | $70,800 | $52,921 | $14,339 |
Year 2 | $70,800 | $52,921 | $14,339 |
Year 3 | $70,800 | $52,921 | $14,339 |
Year 4 | $70,800 | $52,921 | $14,339 |
Year 5 | $70,800 | $52,921 | $14,339 |
Year 10 | $70,801 | $52,922 | $14,339 |
Year 15 | $70,801 | $52,922 | $14,339 |
Year 20 | $70,802 | $52,922 | $14,339 |
Year 25 | $70,802 | $52,923 | $14,339 |
Year 30 | $70,802 | $52,923 | $14,339 |
Year 35 | $70,802 | $52,923 | $14,339 |
Capitalization Rate: Steady at 6.8%, indicating reliable income.
Cash on Cash Return: Solid 6.7% from Year 2 onwards.
Internal Rate of Return (IRR): Expected to reach 7.2% by Year 35.
Projected Market Value by Year 35: Estimated at $1.56 million by Year 35.
The first completed unit is under contract, and we're now offering the remaining multi-unit properties for sale that are ready to be built. We have four lots available, providing an excellent opportunity to expand your investment portfolio.
Immediate Availability: First unit under contract; act fast on the remaining lots
Four Lots Available: Option to purchase all four lots together
Secure with 20% Down: Begin construction with a minimal initial investment
Construction fully managed by Z&H Homes for a seamless, hassle-free experience.
Property handover to expert management upon completion for hands-free ownership.
Located in a rapidly growing area with strong rental demand.
With a cap rate of 6.8% and cash on cash return of 6.7%, this quadplex offers a highly favorable return on investment over time. Projected market value of $1.56 million by Year 35, offering substantial appreciation.
Modern amenities and spacious layouts attract quality long-term tenants.
Experience the modern design and quality craftsmanship of the Bighorn Quadplex. Each unit is thoughtfully designed to meet the needs of today's renters, ensuring high occupancy rates and tenant satisfaction.
This is more than just an investment opportunity; it's a chance to be part of a growing community with substantial potential for appreciation. Whether you're a seasoned investor or looking to enter the market, these multi-family homes for sale near you offer a compelling proposition.
Invest TodayEmail Zane: zane@znhhomebuilders.com
Owner | Project Management/General Contractor
We're open Monday-Friday, 8am-5pm.