368 W 1st N | Rexburg, ID 83440
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368 W 1st N
Rexburg, ID 83440
8 unit apartment building next to BYU Idaho · Multifamily Property For Sale
·
8 Units
INVESTMENT HIGHLIGHTS
- Value-Add Opportunity in the heart of Rexburg.
- Desirable 3 Bed / 1.5 Bath units.
- The steady population growth of 14.7% over the last five years contributes to a high demand for rental housing, particularly multifamily units.
- Located less than 1 mile from BYU Idaho where enrollment is over 25,000 students.
- Competitive Pricing at $131,250 per unit.
- The presence of a major university ensures a steady influx of students and faculty, creating continuous demand for rental housing.
PROPERTY FACTS
| No. Units | 8 | Lot Size | 0.52 AC |
| Property Type | Multifamily | Building Size | 7,723 SF |
| Property Subtype | No. Stories | 2 | |
| Apartment Style | Low-Rise | Year Built/Renovated | 1968/2024 |
| Building Class | C | ||
| Zoning | C | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.52 AC |
| Building Size | 7,723 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1968/2024 |
| Zoning | C |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Heating
- Kitchen
- Oven
- Tub/Shower
- Carpet
SITE AMENITIES
- 24 Hour Access
- Walk-Up
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1.5 | 8 | - | - |
PROPERTY TAXES
| Parcel Number | RPRRXB10264980 | Improvements Assessment | $563,270 |
| Land Assessment | $156,730 | Total Assessment | $720,000 |
PROPERTY TAXES
Parcel Number
RPRRXB10264980
Land Assessment
$156,730
Improvements Assessment
$563,270
Total Assessment
$720,000
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