HIGHLIGHTS
• ?Proven value-add program with 51% of units fully renovated and a clear path to completion.?
• ?Strong operating performance with a sub-40% expense ratio and 7.0% total revenue growth year-over-year.?
?• Robust amenity package including a clubhouse, fitness center, pool, and courtyard.?
?• Prime West Bench location with immediate access to retail, dining, and services along Fairview Avenue.?
CBRE is pleased to present Central Pointe, a 200-unit multifamily asset situated in Boise’s established West Bench neighborhood, just five miles west of Downtown Boise. Central Pointe’s amenity package includes a resident clubhouse with a 24-hour fitness center and business center, community pool, courtyard, playground, and on-site laundry facilities. The property benefits from a densely populated commercial corridor offering residents immediate access to an abundance of retail, dining, and service options, complemented by a family-friendly suburban character and quality public schools that support durable, long-term rental demand.
Central Pointe has been meticulously maintained, with 51% of units fully renovated and an additional 10% partially renovated. The in-place renovation program provides prospective buyers with a proven value-add roadmap and demonstrated rental premiums. As Boise continues to experience rapid growth and shifting demographics, Central Pointe is positioned in a high-demand area, making it an ideal investment for those looking to enter or expand their presence in the Boise market.
