Under-Construction Apartment
For Sale
Contact for pricing
430 West 2nd South, Rexburg, ID 83440
Providence Square Apartments is a 284-unit community currently under construction near BYU-Idaho.
Property SizeContact for details
Days on Market125
Property Features for 430 West 2nd South
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Multifamily Units
284
Building Details
Tenancy
Multi
Listing Agency:
The Yellowstone Group Commercial Real Estate
Listed By:
Richard Bird · License #ID DB33659
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 23 at 11:13AM
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 The Yellowstone Group Commercial Real Estate
Investment Insights
Based on property information with market context.
Providence Square Apartments is a 284-unit apartment community currently under construction. The project is being developed to serve year-round student housing demand associated with BYU-Idaho’s track-based two-semester enrollment system and three distinct 14-week semesters. The development is positioned to keep operations consistent through the school year.
The property is described as four blocks from BYU-Idaho and within one block of Porter Park in Rexburg, Idaho. Nearby campus-adjacent facilities mentioned include the I-Center, a multi-purpose building, and the Manwaring Center, which includes retail and food service options.
For investors, the offering is presented as a new construction asset with low maintenance needs, supported by the growth trajectory described in the BYU-Idaho Housing Office enrollment outlook through 2021.
The property is described as four blocks from BYU-Idaho and within one block of Porter Park in Rexburg, Idaho. Nearby campus-adjacent facilities mentioned include the I-Center, a multi-purpose building, and the Manwaring Center, which includes retail and food service options.
For investors, the offering is presented as a new construction asset with low maintenance needs, supported by the growth trajectory described in the BYU-Idaho Housing Office enrollment outlook through 2021.
Key Highlights
- 284‑unit apartment community currently under construction near BYU‑Idaho in Rexburg, Idaho
- Location near campus: about four blocks from BYU‑Idaho
- Providence Square is within one block of Porter Park, Rexburg’s largest city park
Property Analytics
Current Use
Lease Details
284
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,592
Businesses Nearby
Explore this area
Business Placement
Demographics for 83440, ID
50,567
Population
13,845
Households
3.7
Avg Household Size
25
Median Age
40%
College-Educated
97%
High-School Grad
181.7 sq mi
ZIP Area
278
Density / Sq Mi
$57,701
Median Household Income
$11,659
Median Earnings
$959
Median Rent
$372,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Providence Square Apartments is a 284-unit community currently under construction near BYU-Idaho.
Where is this apartment building located?
The property is located at 430 West 2nd South Rexburg, ID.
What are key features of this property?
This property features: 284‑unit apartment community currently under construction near BYU‑Idaho in Rexburg, Idaho; Location near campus: about four blocks from BYU‑Idaho; Providence Square is within one block of Porter Park, Rexburg’s largest city park
