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225 Elm N st - 5 POINTS APARTMENT DEVELOPMENT 4.35 Acres of Residential Land Offered at $3,300,000 in Twin Falls, ID 83301
Investment Highlights
- Prime 4.35 acres are located in the heart of Twin Falls
- 132 Infill Units
- Zoning: C1 – High-Density Multifamily (Permitted Use, No Entitlements Needed)
Executive Summary
5 Points – These prime 4.35 acres are located in the heart of Twin Falls, and allow easy access to the entire community including downtown Twin Falls, shopping, dining, and employment centers.
• The 5 Points Area is positioned near the intersection of three major roads in Twin Falls: the intersection of State Highway 93 (Blue Lakes), State Highway 30 (Addison), and Shoshone Street (which is the main access road into downtown Twin Falls).
• Twin Falls is the largest city center in Southern Idaho with a population of 56,849 people.
• The College of Southern Idaho (CSI), Is less than 2 miles away, which contributes to a strong rental market with students and faculty.
• Downtown has been revitalized and is a food and social hot spot just 5 minutes away.
• Retail & Amenities: The parcel is located near retail centers including Albertson’s Supermarket (a 1-minute walk away), also in the community are Costco, Target, Lowe's, Home Depot and Walmart.
• Connectivity: The site has convenient access to Interstate 84, State Highway 30 and State Highway 93 allowing for seamless travel to Boise and surrounding areas.
• The 5 Points Area is positioned near the intersection of three major roads in Twin Falls: the intersection of State Highway 93 (Blue Lakes), State Highway 30 (Addison), and Shoshone Street (which is the main access road into downtown Twin Falls).
• Twin Falls is the largest city center in Southern Idaho with a population of 56,849 people.
• The College of Southern Idaho (CSI), Is less than 2 miles away, which contributes to a strong rental market with students and faculty.
• Downtown has been revitalized and is a food and social hot spot just 5 minutes away.
• Retail & Amenities: The parcel is located near retail centers including Albertson’s Supermarket (a 1-minute walk away), also in the community are Costco, Target, Lowe's, Home Depot and Walmart.
• Connectivity: The site has convenient access to Interstate 84, State Highway 30 and State Highway 93 allowing for seamless travel to Boise and surrounding areas.
Property Facts
| Price | $3,300,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 4.35 AC |
| Property Type | Land | ||
| Zoning | C1 - High-Density Multifamily (Permitted Use, No Entitlements Needed) | ||
| Price | $3,300,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 4.35 AC |
| Zoning | C1 - High-Density Multifamily (Permitted Use, No Entitlements Needed) |
1 Lot Available
Lot
| Price | $3,300,000 | Lot Size | 4.35 AC |
| Price Per AC | $758,620.69 |
| Price | $3,300,000 |
| Price Per AC | $758,620.69 |
| Lot Size | 4.35 AC |
This is an excellent infill development opportunity for a mid-sized multifamily project in the very center of the city of Twin Falls. Twin Falls is a growing market with strong rental demand and a favorable development climate.
Description
This is an excellent infill development opportunity for a mid-sized multifamily project in the very center of the city of Twin Falls. Twin Falls is a growing market with strong rental demand and a favorable development climate.
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Walk Score®
Very Walkable (82)
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225 Elm N st - 5 POINTS APARTMENT DEVELOPMENT
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