Apartment Building with
For Sale
$1,395,000
781 Oxford Dr, Idaho Falls, ID 83401
Multifamily property with one- and two-bedroom units, coin-operated laundry, storage units, and updated building systems.
Property Size8,400 SF
Price / SF$166.07
Days on Market65
Property Features for 781 Oxford Dr
General Information
Standard status
Active
Size
8,400 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$7,268
Amenities
on-site coin-operated laundry facilities
rentable garages
additional storage units
Listing Agency:
Silvercreek Realty Group
(208) 705-7724
Listed By:
Jared Horsley · License #SP35321
(208) 705-7724
Source:
Exprealty
Added: Jun 9
Changed: Aug 10
Last Checked: Aug 11 at 10:05AM
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 8,400-square-foot apartment building in Idaho Falls includes a mix of one-bedroom and two-bedroom units. Additional on-site features include coin-operated laundry facilities, rentable garages, and storage units. Recent work includes new carpet and fresh paint in the common entryways, with hardwood flooring in several units and luxury vinyl plank flooring in others. All water heaters and furnaces have been updated within the last 3 years.
The property is located at 781 Oxford Dr near shopping, schools, and parks. City of Idaho Falls utilities serve the tenants. The exterior is scheduled for painting, adding to the recent common-area and building-system improvements.
The property is located at 781 Oxford Dr near shopping, schools, and parks. City of Idaho Falls utilities serve the tenants. The exterior is scheduled for painting, adding to the recent common-area and building-system improvements.
Key Highlights
- 8,400‑square‑foot apartment building at 781 Oxford Dr, Idaho Falls
- Mix of 1‑bedroom and 2‑bedroom units
- Coin‑operated laundry, rentable garages, and additional storage units
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$64,000
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.59%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,280,000
$1.3M
Cap Rate 7%
$914,286
$914.3K
Cap Rate 9%
$711,111
$711.1K
Market Conditions
NOI Build-Up for 8,400 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$121.0K $14.40/SF
− Vacancy
−$4.6K −$0.55/SF
EGI
$116.4K $13.85/SF
− OpEx
−$52.4K −$6.23/SF
NOI
$64.0K $7.62/SF
Area
Bonneville County, ID
Vacancy
3.80%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,280,000
Cap Rate 7%
$914,286
Cap Rate 9%
$711,111
Alternative Uses
Best Use
Apartment 5plus
$914.3K
$800.0K – $1.07M
NOI $64,000 @ 7.0% cap · market cap 4.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.86M
$1.62M – $2.17M
NOI $129,911 @ 7.0% cap · market cap 9.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
839
Businesses Nearby
Explore this area
Business Placement
Demographics for 83401, ID
47,114
Population
16,026
Households
2.9
Avg Household Size
31
Median Age
30%
College-Educated
90%
High-School Grad
197.3 sq mi
ZIP Area
239
Density / Sq Mi
$75,870
Median Household Income
$35,293
Median Earnings
$1,132
Median Rent
$307,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with one- and two-bedroom units, coin-operated laundry, storage units, and updated building systems.
Where is this apartment building located?
The property is located at 781 Oxford Dr Idaho Falls, ID.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: 8,400‑square‑foot apartment building at 781 Oxford Dr, Idaho Falls; Mix of 1‑bedroom and 2‑bedroom units; Coin‑operated laundry, rentable garages, and additional storage units
