The subject property is a proposed multi-family development in the Caldwell area of the Canyon County Submarket.
The proposed improvements included 17 total buildings, consisting of 88 townhome units for rent in a two- story garden-style format with built in garages in each unit and sits on an 11.02 AC (480,031 SF) site.
As of the date of value, the site is fully entitled, with horizontal construction completed. The site has applied for and is awaiting vertical construction permits from the County.
The proposed townhomes are stated as 2 and 3 bedrooms with 1 2.5 bathrooms with unit sizes ranging from 1,073 SF to 1,656 SF, totaling approximately 121,524 square feet, and will be partially attached with 34 endcap units and 54 interior units.