The acquisition marks the firm’s first buy in Idaho.
RK Properties paid half the price for the property back in 2016.
The acquisition marks Weidner’s sixth asset in the state.
JLL Capital Markets represented the seller of the upscale property.
JLL Capital Markets secured financing for the garden style-community.
The sale of the largest multifamily portfolio in the metro is now completed.
The firm is planning to renovate all unit interiors.
The 222-unit community was completed last year.
The downtown property last changed ownership in 2017.
The garden-style Upland property came online in 1973.