332 S 4th W, Rexburg, ID 83440

$8,690,000
  • 332 S 4th W, Rexburg, ID 83440 Main Photo

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New to the Market Active
BEDS78 BATHS60 full SQUARE FEET31,650 MLS#2189803
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONKLINGLER-MAD

Property Description

Positioned just 3 blocks from BYU-Idaho, At Home Apartments presents an opportunity to acquire a 60-unit multifamily asset in the established Rexburg rental market. Built in 2013, the property consists of three 3-story buildings on approximately 1.7 acres, offering an established rental operation with potential to enhance future performance. The community features 42 furnished one-bedroom, one-bathroom units and 18 two-bedroom, one-bathroom units, all with 12-month leases. Amenities include radiant hydronic floor heating, window air conditioning, private balconies and patios, covered breezeways, on-site laundry, bicycle storage, and 99 surface parking spaces. A central courtyard layout and convenient access to BYU-Idaho, downtown Rexburg, dining, shopping, and everyday services further support the propertys rental appeal. With in-place rents below market medians, At Home Apartments offers investors potential for revenue growth through strategic rent adjustments as leases renew. Current occupancy, net operating income, & rental upside information are available upon request. Combining an established multifamily asset, a strong university-adjacent location, and identifiable value-add potential, the property warrants consideration for investors seeking to expand their portfolio.

332 S 4th W | MLS# 2189803

This multi-family property located at 332 S 4th W, Rexburg, ID 83440 is currently listed for sale with an asking price of $8,690,000. Search Rexburg real estate on www.cbidahofalls.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Window/Wall Unit(S)
Heating: Radiant
Lot Size: 1.70 Acres
Roof Type: Composition
Taxes: $52,048
Year Built: 2013

Units

Unit Type 1:
Bedrooms: 1
Bathroom(s): 1
Rent: $910.00
Square Footage: 485
Unit Type 2:
Bedrooms: 2
Bathroom(s): 1
Rent: $980.00
Square Footage: 625

Feature Descriptions

Amenities: Coin Operated Laundry, Common Laundry, Off Street Parking, Sidewalks
Days on Site: 3
Driveway: Asphalt
Exterior: Brick, Vinyl Siding
Flood Plain: No
Foundation: Slab
Handicap Access: 1
HOA Y/N: No
Landscaping: Established Lawn, Outdoor Lighting
Location: High Traffic, Near Mall/Shop, Near Park, Near Schools, Near University/College
Owner Pays: Common Area Maintenance, Gas, Insurance, Grounds Care, Sewer, Snow Removal, Trash Collection, Water
Parcel #: RPR00SE0120011
Sewer: Public Sewer
SQFT Above Grade: 31650
Tenant Pays: Cable TV, Electricity
Topography: Level
Units: 60
Water: Public

Local Schools

High School: MADISON 321HS
Middle School: MADISON 321JH
Elementary School: ADAMS 321EL

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty East Idaho
Agency Phone: 2085298888

Shown By

Agency Title: Coldwell Banker Tomlinson
Agency Phone: (208) 243-7334

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Estimated Payment

$ 26,212.09 per month $19,340.17 Principal & Interest $4,337.33 Property Tax $2,534.58 Homeowner's Insurance

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