Updated Jul 22, 2026
Marcus & Millichap Capital Corporation Secures $8.08M Loan For Shamrock Apartments In Boise ID
1590 North Shamrock Street
$8,083,000
Units
48
Asset Type
MultiFamily
Closing
Jul 21, 2026
About this deal
AI
The asset involved in this transaction is Shamrock Apartments, a 48-unit multifamily property located at 1590 North Shamrock Street in Boise, Idaho. The property has been secured with a significant loan amount of $8,083,000, facilitating its continued development and maintenance in the marketplace.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $8,083,000
- Address: 1590 North Shamrock Street
- Market: Boise, ID
- Units: 48
- Loan Amount: $8,083,000
- Broker: Paul Winterowd - Marcus & Millichap
- Loan Terms: Non-recourse 35-year HUD loan with a 5.47% interest rate and full-term amortization
Marcus & Millichap Capital Corporation played a crucial role in this transaction by arranging the financing for Shamrock Apartments, indicating the sustained lender demand for multifamily assets in the expanding markets of the Western United States.
Boise MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
Deal FAQ
Visit Paul Winterowd to view all their deals.
Browse Boise multifamily loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.96%
Cash-on-Cash
-0.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93