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Student Housing Apartment Portfolio
For Sale
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Pending

175 W 3rd S, Rexburg, ID 83440

Student-oriented apartment housing includes multiple floorplan configurations and private beds within the women’s housing component.

Property SizeContact for details
Days on Market143

Property Features for 175 W 3rd S

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Marcus & Millichap - Salt Lake City
Listed By: Brock Zylstra · License #UT 8726586-SA00
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 7:01PM

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 Marcus & Millichap - Salt Lake City

Investment Insights

Based on property information with market context.

This apartment portfolio comprises two student housing properties in the Rexburg, Idaho Region, with 145 beds across 16 men’s units and 11 women’s housing units. Floorplans range from 3 to 6 beds, providing multiple configurations for student residents. The women’s housing property also includes 34 private beds.

The properties are located at 175 W 3rd S in Rexburg and are within walking distance of Brigham Young University–Idaho. The site is positioned near the university’s student housing demand, and the existing space has potential for up to 66 additional beds.

Key Highlights

  • 145 beds across 16 men’s units and 11 women’s housing units
  • Two‑property student housing portfolio in the Rexburg, Idaho Region
  • 3‑6 bed floorplans offered across the properties

Property Analytics

Current Use

Avonlea Apartments - Women Apartment Building

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Locksmith HVAC Service Carpet & Flooring Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,365
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Student-oriented apartment housing includes multiple floorplan configurations and private beds within the women’s housing component.
Where is this apartment building located?
The property is located at 175 W 3rd S Rexburg, ID.
What are key features of this property?
This property features: 145 beds across 16 men’s units and 11 women’s housing units; Two‑property student housing portfolio in the Rexburg, Idaho Region; 3‑6 bed floorplans offered across the properties
More about this property
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