332 S 4Th W Rexburg, ID 83440
- Showrooms
- 1.63 lot acres
Current Use by Public Records
- Kaleb Hurley, Realtor - Idaho Agents Real Estate / Real Estate Agent
- GWG Wedding Videography / Video Production Service / Film Production Company
- Campus Park Apartments / Apartment Complex
- Chantel E. Photography / Wedding Photographer / Photographer
Property Details for 332 S 4Th W
- Lot size
- 1.63 lot acres
- Property type
- Showrooms
- APN
- RPR00SE0120011
- APU
- RPR00SE0120011
Description
This exceptional three-building apartment complex in Rexburg, Idaho, presents a compelling investment opportunity. Boasting 60 units across three, three-story buildings, the property totals 31,620 square feet and enjoys 100% occupancy. Constructed in 2016, the complex offers a modern aesthetic and efficient layout. Each unit commands a price of $148,333.33, contributing to the property's impressive asking price of $8,900,000 ($281.47 per square foot). Located at 332 S 4th W, Rexburg, ID 83440, this fee-simple ownership property benefits from its location in a family-friendly environment, close to the natural beauty of Yellowstone and Grand Teton National Parks. The property's strong performance provides a solid foundation for future growth, with potential for value enhancement through strategies such as implementing utility bill-backs and media packages to increase rental income. This presents a rare chance to acquire a high-performing multifamily asset in a desirable location with significant upside potential. The property is offered for sale as a fee simple ownership.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rexburg
- County
- Madison
- State
- Idaho
- Longitude
- -111.796
- Latitude
- 43.8193
- CBSA code
- 39940
- CBSA name
- REXBURG, ID MICROPOLITAN STATISTICAL AREA
