271 S 2nd W - Apartments FOR SALE


Rexburg, ID 83440
$3,300,000 USD
801-448-4932
271 S 2nd W, Rexburg, ID for Sale
$3,300,000 USD
Apartments - FOR SALE
1/1
null | 6% Cap Rate

271 S 2nd W
Rexburg, ID 83440


HIGHLIGHTS

  • One block to campus - BYU-Idaho
  • New roof installed in 2025
  • New main water line installed in 2024
  • New water heaters installed between 2023 and 2024
  • Rexburg ranked 10th safest city in the USA in 2023
  • Potential for additional beds

OVERVIEW

One block to campus - BYU-Idaho. Excellent condition.

FOR SALE DETAILS

PRICE

$3,300,000 USD

PRICE/SF

$183 USD /SF

# OF UNITS

16

PRICE/UNIT

$206,250

CAP RATE

6%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.62 AC

LAND SF

27,007 SF

ZONING

HDR1

APN/PARCEL ID

RPR00SE0085190

ASK ABOUT THIS PROPERTY

Devin DurrantFirst ServeMore Info
801-448-4932

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Devin DurrantFirst ServeMore Info
801-448-4932

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.