Real Estate
Development Projects
Capital Eleven has a deep-rooted involvement in real estate development. We recognize the significance of well-executed projects that not only enhance the physical landscape but also contribute to the economic and social fabric of communities. By meticulously analyzing market trends, conducting feasibility studies, and collaborating with trusted partners, we deliver transformative real estate initiatives that offer substantial returns on investment and shape thriving urban environments.
Capital Eleven develops, invests, and partners in real estate projects throughout the west from its limited partnership real estate investment fund. It is open to multiple deal structures including as sponsor, passive investor and join venture partner.
Recent Real Estate Projects
Capital Eleven Office
2512 W. Navigator Dr, Meridian, ID
Details
The new Capital Eleven building includes our 25,000 square foot Capital Eleven and Capital Auto Loan offices on the 3rd floor. The building also features additional office tenant space and is part of Ten Mile Crossing – a 400-acre mixed use development featuring office, medical, hospitality and retail spaces. It is located at the northeast corner of Interstate 84 and Ten Mile road in the center of the Treasure Valley.
Avimor Office Building
5963 W Avimor Dr, Boise, ID
Details
Avimor is a growing community tucked away in the foothills of Eagle, Idaho. The property features a mixture of office, retail, and medical space. Completed in June of 2023, the building is now home to Avimor Realty Team, Avimor Development Team, Avimor Building Team, Hyde Perk Coffee, Garden Valley Family Medicine, and Homes of Idaho Realty. Two spaces remain available: 950 square feet and 1450 square feet.
Victory
2695 W. Victory, Meridian, ID
Details
Victory is an exclusive single-family residential development featuring expansive lots ranging from 1.25 to 1.75 acres, this community promises a serene and spacious living experience. Homes will be available for purchase in 2026. Lots are anticipated to be completed in late 2024. Victory offers an exceptional opportunity to build your dream home. For more information, please contact (208) 490-6989.
Builder: Tradition Building Company
Avimor Academy
Details
Set to open Spring/Summer 2026, this daycare center will be conveniently located in the ever-growing foothills of Eagle, ID. The center promises a modern, well-equipped environment for early childhood development. Stay tuned for more details as we approach the grand opening!
Pineview Estates
Details
Located in the Eastern Idaho town of Rigby, Capital Eleven has collaborated with local partners to rezone and develop the property into 36 single family residential lots. The final plat has been recorded and lots have sold, are currently selling and are available for sale. Lot size ranges from 1.00 – 1.25 acres. If you are interested in purchasing one or multiple lots please contact (208) 490-6989.
Cherry Heights
Details
Set to open early 2025, Cherry Heights is a premier residential development in Emmett, Idaho, just north of Eagle and Star. Lots will be available for purchase Q4 2025. This community features 51 spacious lots, ranging from just 1 acre to 2 acres, offering future residents ample space to create their dream homes. Enjoy the perfect blend of tranquility and convenience in this beautiful new neighborhood. For questions about lot pricing and availability please call (208) 490-6989.
Peoria, AZ Storage Units
Details
This ground up development was completed Q2 2025 and is actively operating. Our strategic partnerships have proven very mutually beneficial on this project. There are about 300 temperature controlled storage units and approximately 20% are rented out. We have already received offers to purchase this property but will wait to sell until the building has been in operation for 1 year. This allows for long term capital gains and gives us time to get more units rented maximizing value.
Billings RV Park
Details
This RV park located in Billings, MT provides cash flow on day one and huge upside in the form of operational and site improvements. The previous owners operated this site for about 30 years, owned the property free of debt and were very old school in their approach. They didn’t take online reservations because they didn’t have a website. Through our partnerships we have an experienced operator in place and are working on site improvements to maximize revenue streams.
Houston Car Washes
Details
We’ve invested in three car washes all in the Houston area. This is a great project providing day one positive cash flow and development level returns on the exit. The operators we’ve partnered with have 25 years of experience and are utilizing that to make operational and site improvements to increase the value from the beginning.
Lake Point RV
Details
This is an existing RV park in Caldwell, ID. The site is cash flow positive on day one and has plenty of room on site for additional stalls, tent sites and cabins for the glamping experience. Between site improvements, operational upgrades, strategic partners, and home court advantage we are excited about this latest investment.