Student Housing Apartment
For Sale
$8,700,000
480 S 1ST W, Rexburg, ID 83440
Eight properties near BYU-Idaho offer student-oriented housing with approximately 98% portfolio occupancy.
Property Size2 SF
Price / SF$180.89
Days on Market57
Property Features for 480 S 1ST 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
1978
Listing Agency:
Lift Realty
Listed By:
Spencer Clawson · License #6608967-PB00
(801) 636-8426
Source:
Liftrealty
Added: Sep 3
Changed: Oct 27
Last Checked: Oct 28 at 8:09AM
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
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Investment Insights
Based on property information with market context.
This Rexburg apartment portfolio comprises eight student housing properties totaling 48,096 square feet. The properties were built in 1978 and are offered together or individually. Portfolio occupancy is approximately 98%.
The properties are within walking distance of Brigham Young University-Idaho in Rexburg, Idaho. The university has more than 23,700 campus-based students, with enrollment growth of 5% year over year. The campus proximity and student population provide relevant context for the portfolio’s housing focus.
The properties are within walking distance of Brigham Young University-Idaho in Rexburg, Idaho. The university has more than 23,700 campus-based students, with enrollment growth of 5% year over year. The campus proximity and student population provide relevant context for the portfolio’s housing focus.
Key Highlights
- Eight student housing properties available as a portfolio or individually
- 48,096 square feet across the portfolio
- Approximately 98% occupancy
Property Analytics
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Open Analytics
Lease Details
98%
Occupancy
Location Intelligence
Trade Area within ½ mile
925
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Eight properties near BYU-Idaho offer student-oriented housing with approximately 98% portfolio occupancy.
Where is this apartment building located?
The property is located at 480 S 1ST W Rexburg, ID.
What is the asking price?
The asking price for this property is $8,700,000.
What are key features of this property?
This property features: Eight student housing properties available as a portfolio or individually; 48,096 square feet across the portfolio; Approximately 98% occupancy
