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Student Housing Opportunity Near BYU-Idaho
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Pending

235 South 1st East, Rexburg, ID 84337

71-bed student housing complex near BYU-Idaho campus.

Property Size15,977 SF
Days on Market148

Property Features for 235 South 1st East

General Information

Standard status Pending
Size 15,977 SF
Total Parking Spaces 31
Property subtype Multifamily
Zoning HDR2 - High Density Residential
Investment Type Core+

Building Details

Year Built 1974
Year Renovated 2023
Buildings 3
Stories 2
Units 14
Tenancy Multi
Listing Agency: Marcus & Millichap - Salt Lake City
Listed By: Jake Miles · License #UT 11449836-SA00
Source: Crexi
Added: May 21 Changed: Oct 10 Last Checked: Oct 14 at 11:27PM

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

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Investment Insights

Based on property information with market context.

Crestwood Apartments presents an investment opportunity in Rexburg, Idaho, offering 71 beds in a student housing complex. This BYU-Idaho Approved complex provides housing for students, conveniently located across from campus. Residents can easily walk to classes, campus activities, and fellow students. The complex features private closets and desks for personal space and study. A large lounge area includes couches, a TV, and a piano, creating a social and relaxing environment. Onsite laundry and ample parking are available. The property is located near campus landmarks such as the Visual Arts Studio, Spori, Testing Center, and Clarke buildings, ensuring short walks to campus. The building has a total size of 15977 square feet.

Key Highlights

  • BYU‑Idaho Approved Student Housing Complex
  • Located Directly Across from BYU‑Idaho Campus
  • 71‑Bed Student Housing Opportunity

Property Analytics

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Current Use

Crestwood Rexburg Apartments Student Housing Center

Suggested Use

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

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

1,545
Businesses Nearby
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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 - 71-bed student housing complex near BYU-Idaho campus.
Where is this apartment building located?
The property is located at 235 South 1st East Rexburg, ID.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: BYU‑Idaho Approved Student Housing Complex; Located Directly Across from BYU‑Idaho Campus; 71‑Bed Student Housing Opportunity
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