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24-Unit Apartment Building

1142 S Skyline Drive, Idaho Falls, ID 83402

For Sale
Contact for pricing

Association-managed exterior upkeep and selected services reduce the property’s day-to-day maintenance responsibilities.

Property SizeContact for details
Days on Market55

Property Features for 1142 S Skyline Drive

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 6 x 1BR, 6 x 2BR/2BA (Layout 1), 6 x 2BR/2BA (Layout 2), 6 x 3BR/2BA
Multifamily Units 24

Building Details

Year Built 2026
Buildings 1
Stories 3
Listing Agency: Grider Peterson Real Estate Team
Listed By: Jason Grider · License ID AB40801
Source: Crexi
Added: Sep 21 Changed: Nov 8 Last Checked: Nov 12 at 7:42AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Grider Peterson Real Estate Team

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Investment Insights

Based on property information with market context.

Completed in 2026, this three-level apartment building contains 24 separately platted and individually deeded residences. The mix includes six units in each of four plans: one-bedroom, two distinct two-bedroom/two-bathroom layouts, and three-bedroom/two-bathroom units. Ownership may retain the residences as a single rental property or sell them individually.

The building is one of eight in a 192-unit condominium community on the west side of Idaho Falls. The association manages exterior maintenance, landscaping, snow removal, trash, and water and sewer service.

Key Highlights

  • 24 residences across three levels; completed in 2026
  • Six units each of four floor plans: one‑bedroom, two distinct two‑bedroom/two‑bathroom plans, and three‑bedroom/two‑bathroom
  • Each residence is separately platted and individually deeded

Property Analytics

Lease Details

24
Residential units

Location Intelligence

Trade Area within ½ mile

335
Businesses Nearby

Demographics for 83402, ID

28,452
Population
11,983
Households
2.4
Avg Household Size
34
Median Age
31%
College-Educated
92%
High-School Grad
171.0 sq mi
ZIP Area
166
Density / Sq Mi
$72,064
Median Household Income
$35,593
Median Earnings
$904
Median Rent
$301,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Association-managed exterior upkeep and selected services reduce the property’s day-to-day maintenance responsibilities.
Where is this apartment building located?
The property is located at 1142 S Skyline Drive Idaho Falls, ID.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: 24 residences across three levels; completed in 2026; Six units each of four floor plans: one‑bedroom, two distinct two‑bedroom/two‑bathroom plans, and three‑bedroom/two‑bathroom; Each residence is separately platted and individually deeded
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