509-523 Rose St N - Apartments FOR SALE


Twin Falls, ID 83301
$8,100,000 USD
208-308-3030
509-523 Rose St N, Twin Falls, ID for Sale
$8,100,000 USD
Apartments - FOR SALE
1/48
null | 5.5% Cap Rate

509-523 Rose St N
Twin Falls, ID 83301


HIGHLIGHTS

  • Newly built 32-unit multifamily community completed in 2022.
  • Strong occupancy history with professional management in place.
  • Located near the College of Southern Idaho and major Twin Falls amenities.
  • R4 zoning supports higher-density residential use.
  • Garden-style apartment community on approximately 2.01 acres.

OVERVIEW

Multi family Investment opportunity with strong rental history and consistent occupancy with good cash flow with management in place. Well maintained facility, located in a strong community with the College of Southern Idaho and over 55,000 population within the City Limits of Twin Falls.

FOR SALE DETAILS

PRICE

$8,100,000 USD

PRICE/SF

$217 USD /SF

# OF UNITS

32

PRICE/UNIT

$253,125

CAP RATE

5.5%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mallard Campus Home/Office Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2022

PARKING SPACES

70

LAND DETAILS

LAND ACRES

2.01 AC

LAND SF

87,556 SF

ZONING

R4

APN/PARCEL ID

RPT0801000002CA

ASK ABOUT THIS PROPERTY

Mark JonesRobert Jones Realty, Inc.More Info
208-308-3030

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Mark JonesRobert Jones Realty, Inc.More Info
208-308-3030

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