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509 S 5th W 8 Unit Apartment Building $2,392,338 CAD ($299,042 CAD/Unit) Rexburg, ID 83440
Investment Highlights
- Close proximity to BYU
Executive Summary
1.25 of Prime HDR1 land for sale just s few blocks from BYUI. Amenities include water, sewer gas, power, phone, cable and optix internet. Existing rental properties on site now. Easy access to US 20. According to city you can build a total of 35 units on this acreage. The income and possibilities are amazing. This is one of the largest lots available in this close to the university. Great location for a new project.
Property Facts
| Price | $2,392,338 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $299,042 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 1.28 AC |
| No. Units | 8 | Building Size | 8,000 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1950 |
| Zoning | HDR1 - High Density-Residential | ||
| Price | $2,392,338 CAD |
| Price Per Unit | $299,042 CAD |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.28 AC |
| Building Size | 8,000 SF |
| No. Stories | 1 |
| Year Built | 1950 |
| Zoning | HDR1 - High Density-Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+3 | 1 | - | 2,718 |
| 2+1 | 3 | $1,162 CAD | 800 |
| 1+1 | 4 | $956.94 CAD | 800 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $894,209 CAD | |
| Land Assessment | $206,040 CAD | Total Assessment | $1,100,248 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$206,040 CAD
Improvements Assessment
$894,209 CAD
Total Assessment
$1,100,248 CAD
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509 S 5th W
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