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271 S 2nd W 16 Unit Apartment Building $4,557,960 CAD ($284,872 CAD/Unit) 6% Cap Rate Rexburg, ID 83440

Investment Highlights
- One block to campus - BYU-Idaho
- New main water line installed in 2024
- Rexburg ranked 10th safest city in the USA in 2023
- New roof installed in 2025
- New water heaters installed between 2023 and 2024
- Potential for additional beds
Executive Summary
One block to campus - BYU-Idaho. Excellent condition.
Property Facts
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Freezer
Site Amenities
- Clubhouse
- Picnic Area
- Gameroom
- Gas Range
- Wi-Fi
- Storage Space
- Community-Wide WiFi
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 16 | - | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | RPR00SE0085190 | Improvements Assessment | $1,999,174 CAD |
| Land Assessment | $678,057 CAD | Total Assessment | $2,677,231 CAD |
Property Taxes
Parcel Number
RPR00SE0085190
Land Assessment
$678,057 CAD
Improvements Assessment
$1,999,174 CAD
Total Assessment
$2,677,231 CAD
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First Serve
271 S 2nd W
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