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Wellington Manor 350 E St 27 Unit Apartment Building $6,042,276 CAD ($223,788 CAD/Unit) Idaho Falls, ID 83402
Investment Highlights
- Strong rental demand and scarce downtown inventory dining, famers markets, and more
- Renovated in 2022 with 9' Ceilings
- Walkable to the Museum of Idaho,
Executive Summary
Wellington Manor is a fully renovated 27-unit asset in downtown Idaho Falls, one block from the Riverwalk, with stylish studios and 1-bedrooms designed for long-term renters, traveling nurses, and remote workers. Renovated in 2022 with 9’ ceilings, sound-dampened walls, LED lighting, secured access, and efficient systems, this property offers low-maintenance operations. Every tenant enjoys high-speed fiber internet, free laundry, assigned parking, and individual storage. Strong rental demand and scarce downtown inventory support steady performance, with high-credit tenants in place. Walkable to the Museum of Idaho, dining, farmers market, bars, shops, and the public library. Rare opportunity for investors seeking a stable 1031 exchange or portfolio addition. Rent roll and cap rate available. Sister property nearby also available. Parcels RPA1980007009A & RPA1980007008B
Property Facts
| Price | $6,042,276 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $223,788 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.31 AC |
| No. Units | 27 | Building Size | 27,000 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1948/2022 |
| Zoning | R2 | ||
| Price | $6,042,276 CAD |
| Price Per Unit | $223,788 CAD |
| Sale Type | Investment |
| No. Units | 27 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.31 AC |
| Building Size | 27,000 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1948/2022 |
| Zoning | R2 |
Amenities
Unit Amenities
- Dishwasher
- Microwave
- Security System
- Ceiling Fans
- Refrigerator
- Range
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
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Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (73)
Property Taxes
| Parcel Numbers | Improvements Assessment | $3,086,837 CAD | |
| Land Assessment | $152,984 CAD | Total Assessment | $3,239,821 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$152,984 CAD
Improvements Assessment
$3,086,837 CAD
Total Assessment
$3,239,821 CAD
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Wellington Manor | 350 E St
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