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1004 West Royal Boulevard

Alex Roudi And Jorge Borron Acquire Student Housing In Boise From Green Leaf Capital Partners
SOLDStudent Housing

Alex Roudi And Jorge Borron Acquire Student Housing In Boise From Green Leaf Capital Partners

1004 West Royal Boulevard

Building Size

209,498 SF

Asset Type

Student Housing

Closing

Dec 4, 2025

AI

The property involved in this transaction is a student housing asset located at 1004 West Royal Boulevard in Boise, ID, with a square footage of 209,498. The asset was sold by Green Leaf Capital Partners.

Summary of transaction details:

  • Property Type: Student Housing
  • Transaction Amount: Not specified
  • Address: 1004 West Royal Boulevard
  • Market: Boise, ID
  • Seller: Green Leaf Capital Partners
  • Buyer: Alex Roudi & Jorge Borron - Interwest Capital; Jessica Levin & Ross Karetsky - Intercontinental Real Estate Corporation
  • Brokers: Teddy Leatherman & Bradley Vansant - JLL

This transaction was facilitated by brokers Teddy Leatherman and Bradley Vansant. The buyers, Alex Roudi and Jorge Borron from Interwest Capital, along with Jessica Levin and Ross Karetsky from Intercontinental Real Estate Corporation, have acquired the property from the seller, Green Leaf Capital Partners, on December 4, 2025.

Players

Teddy Leatherman

JLL

Broker

$75.5M

vol

12 deals

Broker

Alex Roudi

Interwest Capital

Buyer

$134.3M

vol

5 deals

Buyer
IC
Intercontinental Real Estate CorporationBuyer
GP
Green Leaf Capital PartnersSeller

Boise Student Housing Market Snapshot

Boundary boundary · Student Housing · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93