This Multifamily Property is no longer advertised on LoopNet.com.

2240 S Yellowstone Hwy
Rexburg, ID 83440
Jensen Apts · Multifamily Property For Sale · 6 Units

Investment Highlights

  • Heavy Traffic and high visibility
  • Rental Market Will Support higher rent
  • Easy Freeway access
  • House could be divided and rented as 2 separate units

Property Facts

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Lot Size 1.70 AC
Building Size 5,768 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1980/1996
Parking Ratio 2.08/1,000 SF
Zoning CBC

About 2240 S YELLOWSTONE HWY , REXBURG, ID 83440

Great opportunity for an investment property. This commercially zoned property has great frontage to Highway 20 and is supplemented with Recently updated and well maintained rental units. These units have a long waiting list for potential renters. The 2800 sq ft house and Shop could be used as rentals as well or move your business in for great visibility. The 30' X 50' Shop is heated with natural gas and has an 18' X 36' upper level that can be used as storage or converted to office space. Shop has 3 phase electrical power as well. House is being lived in by property owner but could be split into additional units.

Property Taxes

Property Taxes

Parcel Number
RP05N39E014467
Land Assessment
$6,584
Improvements Assessment
$325,796
Total Assessment
$332,380
  • Listing ID: 16231505

  • Date on Market: 6/4/2019

  • Last Updated:

  • Address: 2240 S Yellowstone Hwy, Rexburg, ID 83440

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}