Rosewood Apartments is a 28-unit community offering charming studio units in the vibrant heart of downtown Pocatello, Idaho.
Built in 1913, this historic building seamlessly blends classic architecture with modern amenities, making it an attractive option for students and professionals alike. Located just 1 mile from Idaho State University, residents enjoy easy access to entertainment venues and employers.
Recent updates to roofing, plumbing, and electrical systems enhance the property's appeal and investment value, positioning it for further rental growth. Situated in a thriving economic and recreational hub, Rosewood Apartments presents a compelling investment opportunity with a sale price of $2,400,000 and a market cap rate of 6.80%. With an average rent of $673 per unit, this property is poised for significant returns supported by strong market fundamentals and the city's ongoing revitalization efforts. Contact Berkadia Boise for more details on this exceptional opportunity.