332 4th W Rexburg, ID 83440-2649

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.