Overview
River Edge
River Edge is a student housing property located in Boise, ID, serving Boise State University. Situated on a 3.21-acre site directly adjacent to campus, the five-story podium-style building was constructed in 2015 and contains 175 units (622 beds). The property operates on a by-the-bed, 12-month lease structure with parental guarantors.
River Edge’s premier location next to Boise State University provides students with convenient access to campus and nearby amenities, supporting consistent leasing demand. The asset offers stable cash flow with additional upside potential through a light renovation program, as all units remain in classic condition. The property was purchased with our joint venture partner, Interwest Capital Group.