Entrata Farms (sold out)
This project consists of 53 fourplexes and 13 duplexes in Meridian, ID. Phases 1 through 4 have already began construction this year, with 5-6 rolling out this summer/early fall. Meridian presents an attractive renter base since incomes exceed the metro average by more than 36%...
Included in this Project...
MAXX Property Management
All FIG properties are professionally managed by MAXXPM in order to minimize vacancies and maximize your rental income.
Co-founder of FIG, Vollkommen brings a long history of building high-end custom homes and combines it with their passion for helping multifamily investors.
First Colony Mortgage
FIG's preferred lender has helped our investors secure over $250M in multifamily financing over the last three years.
Fourplex Investment Group
Since 2013, the FIG companies have built over 4,000 doors of multifamily units, providing investors with over $500M in cash flowing properties.
Why This Market?
Rents in Boise have had a strong cycle of growth, culminating this year in what is poised to be the best year of rent gains yet. This trend has been bolstered by a healthy and expanding economy in Boise and Idaho as a whole, as evidenced by some of the strongest employment growth in the country.
Rents in Northeast Boise are among the metro's highest, reflecting its status as one of the most desirable submarkets in the metro. The submarket, home to the downtown retail district, contains many attractions, such as the Boise Zoo, CenturyLink Arena, and the Boise Art Museum, as well as the Boise VA Medical Center. Roughly 41% of the population rents rather than owns, the highest percentage in the metro and possibly the result of home prices that average $230,000—nearly 35% more than those in the rest of the metro.
All Entrata Farms units are sold through the FIG team via RE/MAX Advisors.
Call us at: (801)494-1651