Search
Student Housing Portfolio
For Sale
$8,100,000

487 S 3RD W, Rexburg, ID 83440

Eight apartment properties in Rexburg offer student housing near BYU-Idaho.

Property Size2 SF
Price / SF$203.22
Days on Market57

Property Features for 487 S 3RD 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 1997
Listing Agency: Lift Realty
Listed By: Spencer Clawson · License #6608967-PB00
Source: Liftrealty
Added: Sep 3 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

Rey
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 Rexburg offering comprises eight apartment properties serving the student housing market. The assets are available together or individually, providing more than one acquisition configuration.

The properties are 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%.

Key Highlights

  • Eight apartment properties serving the student housing market
  • Available as a portfolio or for individual acquisition
  • Within walking distance of Brigham Young University‑Idaho

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

941
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
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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Eight apartment properties in Rexburg offer student housing near BYU-Idaho.
Where is this apartment building located?
The property is located at 487 S 3RD W Rexburg, ID.
What is the asking price?
The asking price for this property is $8,100,000.
What are key features of this property?
This property features: Eight apartment properties serving the student housing market; Available as a portfolio or for individual acquisition; Within walking distance of Brigham Young University‑Idaho
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved