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Managed Studio Apartment Building
For Sale
$1,000,000
Pending

1375 S S Broadway St, Blackfoot, ID 83221

Studio-unit apartments with rental management, documented operating history, and additional buildings for future expansion.

Property Size10,000 SF
Days on Market107

Property Features for 1375 S S Broadway St

General Information

Standard status Pending
Size 10,000 SF

Additional Details

Multifamily Units 20

Taxes and HOA fees

Annual Taxes $13,492
Listing Agency: Silvercreek Realty Group
Listed By: John Fielding · License #SP44488
Source: Exprealty
Added: Apr 28 Changed: Aug 9 Last Checked: Aug 11 at 10:21AM

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 Silvercreek Realty Group

Investment Insights

Based on property information with market context.

This apartment property includes approximately 20 studio units, each measuring approximately 350' per unit. Maintenance records and rental history covering the past 5 years support review of the operating record. Day-to-day operations are handled by a property rental company, providing an established management structure for the apartment component.

The property also includes additional buildings that may be expanded for rental or storage use. More than 1/3 acre is commercially zoned and identified for multifamily uses. The property is located at 1375 S S Broadway St in Blackfoot, Idaho, and is offered with a reported 7+ cap rate.

Key Highlights

  • Approximately 20 studio rental units
  • Approximately 350' per unit
  • Maintenance records and rental history for the past 5 years

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Nail Salon Electrical Service Spa & Massage Center

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

Lease Details

20
Residential units

Location Intelligence

Trade Area within ½ mile

1,029
Businesses Nearby

Demographics for 83221, ID

28,354
Population
9,985
Households
2.8
Avg Household Size
35
Median Age
22%
College-Educated
91%
High-School Grad
725.6 sq mi
ZIP Area
39
Density / Sq Mi
$77,889
Median Household Income
$34,623
Median Earnings
$848
Median Rent
$250,200
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 - Studio-unit apartments with rental management, documented operating history, and additional buildings for future expansion.
Where is this apartment building located?
The property is located at 1375 S S Broadway St Blackfoot, ID.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Approximately 20 studio rental units; Approximately 350' per unit; Maintenance records and rental history for the past 5 years
More about this property
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