2901 Robert Ln, Boise, ID 83705
SUGAR PINE TOWNHOMES
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Extremely attractive assumable debt
Assumable $7,029,000 Fannie Mae loan at 2.98% maturing in 2033.
Investment Highlights
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Unique Two-Story Townhome style product with fenced Patios
Units at Sugar Pine Townhomes offer more privacy and space than traditional garden style units providing prospective tenants a diversified rental option and leading to longer term residents.
Significant Value-Add upside
Nearly 58% of the units are in classic condition, with renovated units achieving a ~$200/unit rent premium.
Renovated units include stainless steel appliances, updated LED lighting, quartz counters, and LVP flooring
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© 2025 Berkadia Proprietary Holding LLC
Berkadia® is a trademark of Berkadia Proprietary Holding LLC
Investment sales / real estate brokerage business is 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. This website is not intended to solicit commercial mortgage loan brokerage business in Nevada. In California, Berkadia Real Estate Advisors Inc. conducts business under CA Real Estate Broker Lic. #01931050, Berkadia Commercial Mortgage LLC under CA Finance Lender & Broker Lic. #988-0701, Berkadia Commercial Mortgage Inc. under CA Real Estate Broker Lic. #01874116. For state licensing details for the above entities, visit: www.berkadia.com/legal/licensing
Boise office
800 West Main Street, Suite 1460, Office 1 & 7
Boise, ID 83702
Contact us.
800 West Main Street
Suite 1460, Office 1 & 7
Boise, ID 83713
berkadia.com
northwest.berkadiarea.com
Boise Office
INVESTMENT SALES
Spencer Hansen
Director
spencer.hansen@berkadia.com
208.921.2560
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CHRISKOTT TODD
Associate Director
chriskott.todd@berkadia.com
208.906.9515
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Clay Anderson
Senior Managing Director
clay.anderson@berkadia.com
208.440.2486
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Robert Doxsee
Managing director
robert.doxsee@berkadia.com
425.777.0235
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Edward Shields
Real Estate Analyst
ed.shields@berkadia.com
215.328.1398
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MORTGAGE BANKING
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Robust market fundamentals
According to RealPage, Boise is projected to have 4.4% YOY rent growth, with 95.7% market occupancy. Absorption of new units is projected to outpace supply by nearly 20%.
The population in Greater Boise is forecast to grow by 17.4% over the next 5 years, significantly outpacing the projected national growth rate.
Diverse economic drivers anchored by education (BSU), technology (Micron, Clearwater Analytics), agribusiness (Simplot, Agri beef), and healthcare (St. Lukes, St Alphonsus).
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Phenomenal Southeast Boise Location
Less than 1-mile from the Boise Airport and ideally positioned to benefit from the $15 Billion Micron expansion.
Sugar Pine Townhomes is located 5 miles from Micron Technology’s new memory-chip manufacturing plant scheduled to complete construction in late 2025 and bring 2,000 direct jobs and 15,000 indirect jobs to support the plant.
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