sagewood seniorS

4815 LeAnne Ave. ​ | ​ Caldwell, ID 83607

48 Units

785 Avg
Sq Ft

Built 2005

The Opportunity

Sagewood Seniors Apartments is an 48-unit, Section 42 apartment community located in Caldwell, Idaho for seniors aged 55 and older. The property is ideally located near shopping, West Valley Medical Center, St. Luke’s Medical Center, Walmart, I-84, and large retail parks that include restaurants and shopping opportunities such as Costco, Kohl’s, Target, Best Buy, Ross Dress for Less, and Hobby Lobby.

The property was built and placed in service in 2005 under the Section 42 Low-Income Housing Tax Credit (LIHTC) program. There is an existing regulatory agreement in place with the Idaho Housing and Finance Association, which requires all units to be rented to income qualifying tenants earning no more than 30% HOME, 40% HOME, and 50% of the Area Median Income Limits. ​ The property is beyond the initial 15-year tax credit compliance period.

Sagewood Seniors feature one and two bedroom floorplans with one car garages, fully equipped kitchens, central A/C and heating, wide doorways and hallways, spacious bathrooms, and washer and dryer connections. The community offers, an inviting community room, ready for family ​ and resident entertainment, community gardens, and BBQ and picnic areas.

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BOISE OFFICE

6225 N. Meeker Pl.
Suite 210
Boise, ID 83713

BErkadia Team

Investment Advisors

JEFF IRISH

Primary Investment Advisor
208.286.5013
jeff.irish@berkadia.com

JORDAN SKYLES

Operations Director
208.631.4981
jordan.skyles@berkadia.com

sagewood seniorS

4815 LeAnne Ave. ​ | ​ Caldwell, ID 83607

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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 the Tax Credit Syndication group. This website is not intended to solicit commercial mortgage loan brokerage business in Nevada.

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