Eight-Property Student Housing
For Sale
$6,500,000
460 S 2ND W, Rexburg, ID 83440
The off-campus housing assets are available individually or together, within walking distance of BYU-Idaho.
Property Size2 SF
Price / SF$85.02
Days on Market59
Property Features for 460 S 2ND W
General Information
Standard status
Active
Size
2 SF
Property subtype
> 4 Units
Occupancy
98%
Additional Details
Tenant in Place
Yes
Building Details
Building Size
2 SF
Year Built
1972
Listing Agency:
Lift Realty
Listed By:
Spencer Clawson · License #6608967-PB00
(801) 636-8426
Source:
Liftrealty
Added: Sep 1
Changed: Oct 27
Last Checked: Oct 28 at 7:34AM
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 Lift Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This student housing portfolio comprises eight apartment properties in Rexburg, Idaho, with a combined 76,454 square feet. The buildings date to 1972 and are positioned for off-campus student living. Buyers may pursue the properties as a group or acquire them individually.
Each property is within walking distance of Brigham Young University-Idaho. The university has more than 23,700 campus-based students, with enrollment growth of 5% year over year. Portfolio occupancy is approximately 98%, providing a snapshot of current performance across the housing assets.
Each property is within walking distance of Brigham Young University-Idaho. The university has more than 23,700 campus-based students, with enrollment growth of 5% year over year. Portfolio occupancy is approximately 98%, providing a snapshot of current performance across the housing assets.
Key Highlights
- Eight student housing properties offered together or individually
- 76,454 square feet across the portfolio
- Approximately 98% occupancy
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
98%
Occupancy
Location Intelligence
Trade Area within ½ mile
344
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - The off-campus housing assets are available individually or together, within walking distance of BYU-Idaho.
Where is this apartment building located?
The property is located at 460 S 2ND W Rexburg, ID.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: Eight student housing properties offered together or individually; 76,454 square feet across the portfolio; Approximately 98% occupancy
