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Investment Highlights

  • Built in 2022; 72-unit multifamily property
  • Covered parking under construction
  • Idaho Falls growth market
  • One-bedroom rents below market
  • Located near retail, dining, and medical

Executive Summary

CBRE is pleased to offer the exclusive listing of Teton Oasis, a newly constructed 72-unit multifamily community in Idaho Falls, Idaho. Built in 2022, this modern apartment property delivers contemporary design, strong market fundamentals, and a compelling value-add opportunity in one of the Northwest’s fastest-growing and best-performing small cities.

Property Facts

Sale Type Investment
No. Units 72
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 3.56 AC
Building Size 93,201 SF
No. Stories 3
Year Built 2022
Zoning LC - Limited Commercial (LC)

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Microwave
  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • Kitchen
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Freezer
  • Patio
  • Vinyl Flooring

Site Amenities

  • 24 Hour Access
  • Picnic Area
  • Playground
  • Pet Play Area
  • Online Services
  • Public Transportation

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 18 - 725 - 735
2+1 18 - 950
2+2 36 - 1,025
Moderately walkable
60/100
Moderately drivable
70/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
RPA2491001007O
Land Assessment
$1,289,241 CAD
Improvements Assessment
$14,457,012 CAD
Total Assessment
$15,746,253 CAD
  • Listing ID: 40196079

  • Date on Market: 2026-04-17

  • Last Updated:

  • Address: 1590 Bower Dr, Idaho Falls, ID 83404

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