Breckenridge Apartments

Exclusive Multifamily Opportunity

10890 Blue River Ln  |  Nampa, ID 83687

OPPORTUNITY

Berkadia Boise is pleased to present Breckenridge Apartments, a 160-unit, 2022-vintage garden-style community located in Nampa, Idaho — one of the fastest-growing cities in the nation.  

The property offers a diverse mix of one-, two-, and three-bedroom floorplans, including traditional and townhome-style configurations, helping boost appeal to the Treasure Valley renter pool. 

Positioned squarely within the high-growth Nampa/Caldwell submarket of the Boise MSA, Breckenridge offers a favorable floor plan range with units sizing between 628 to 1,171 square feet. Individual units feature an elevated finish package including quartz countertops, stainless steel appliances, wood-style plank flooring, in-unit washer and dryer, private balconies or patios, and walk-in closets. 

Residents enjoy a 24-hour fitness center, a clubhouse with full-service kitchen, community-wide Wi-Fi, and a dedicated on-site management and maintenance team providing around-the-clock response – amenities that compete with newer Class A product in the submarket while remaining accessible to the workforce renter demographic that defines Canyon County’s demand base. The community is pet-friendly and smoke-free, broadening the eligible tenant pool while preserving the long-term quality and condition of the asset. 

Breckenridge is well-positioned to benefit from the structural demand tailwinds underpinning the Treasure Valley multifamily market. Per Berkadia’s Boise 2026 Multifamily Forecast Report, effective rent metro-wide is projected to increase 3.5% year-over-year by Q4 2026, outpacing the national average of 2.4%, while occupancy is forecast to hold at 94.3%. New supply has tapered sharply from its 2024 peak, with only 534 units projected to deliver metro-wide in 2026, creating favorable conditions for stabilized, high-quality assets like Breckenridge to sustain occupancy and push rents. 

  • Address 10890 Blue River Ln,
  • City, State, Zip Nampa, ID 83687
  • County Canyon
  • Parcel Number(s) R34345012
    R34345013
    R34345014
    R34345015
  • Zoning C2 (Service Commercial)
  • Site Size/Acreage 10.41
  • Built2022
  • Units 160
  • Buildings 34
  • Stories 2
  • Rentable SF 147,468 SF
  • Average Unit SF 922
  • Average Market Rent $1,580
  • Average Market Rent/SF $1.71

INVESTMENT HIGHLIGHTS

Major Employment Demand: Amazon’s 650,000 SF fulfillment center in Nampa supports accelerated logistics activity and daily distribution throughout the Treasure Valley, reinforcing the city’s role as a central hub for e-commerce operations. Additionally, Micron, Meta, and St. Luke’s Health Systems have a major presence in the MSA.

Favorable Rent-vs.-Own: Nearby homes have an average PITI of $2,371 versus an effective rent of $1,626 metro-wide, a $745 monthly gap. Even Class A apartments averaging $1,875 per month in Q1 2026 represent strong relative value against homeownership costs, keeping renters in the market and supporting lease renewal rates across the submarket.

Strong Population Growth: The Boise metro population is forecast to reach 1.0 million residents by 2030, growing 17.4% from 2025, a rate nearly six times the projected national growth of 3.1%. Nampa is one of the primary landing markets for this growth, with Canyon County’s relative affordability continuing to attract households priced out of Ada County.

Institutional Sizing: At 160 units, Breckenridge offers investors scale and operational efficiency within a 2022-vintage, amenity-rich product. The property’s unit mix, finish level, and in-unit amenity package—particularly in-unit laundry and private outdoor space—align with what the Nampa renter demographic increasingly demands, without the rent ceiling constraints of Class A urban core product.

160

units

2022

Year Built

922

AVG SF

ASSET

Breckenridge Apartments is in a prime location to capture the continuing growth within Canyon County. Built in 2022, this community is located directly between Caldwell and Nampa, providing an excellent solution for well-positioned, naturally affordable, white collar and workforce housing. Residents enjoy quick access to major retail and grocery within 10 minutes at Costco and Target, as well as quick access to many local dining options at the Treasure Valley Marketplace, Downtown Nampa, and East towards Boise.

The community consists of one-, two-, and three- bedroom apartments and townhomes with sizes ranging from 628 up to 1,171 square feet. Individual units feature an elevated finish package with quartz countertops, stainless steel appliances, wood-style plank flooring, in-unit washer and dryer, private balconies or patios, and walk-in closets, complemented by community amenities including a 24-hour fitness center, full-service clubhouse kitchen, community-wide Wi-Fi, and on-site management with around-the-clock maintenance response.

Contact Us

Investment Sales

CLAY ANDERSON
Senior Managing Director
208.440.2486
[email protected]
ID CRE #SP34431

SPENCER HANSEN
Director
208.921.2560
[email protected]
ID CRE #SP54287

CHRISKOTT TODD
Associate Director
208.906.9515
[email protected]
ID CRE #SP58860

Mortgage Bankers

MATT SCHILDWACHTER
Managing Director
303.689.8324
[email protected]

STEPHEN DEMARS
Associate Director
303.689.8339
[email protected]

BOISE Office

800 West Main Street
Suite 1410
Boise, ID 83702
208.296.2070
berkadia.com
berkadia.com/northwest

Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada.  

​© 2026 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by Berkadia Affordable Tax Credit Solutions. For state licensing details for the above entities, visit www.berkadia.com/licensing.

2026 © Berkadia - All rights reserved.