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509 S 5th W 8 Unit Apartment Building $2,442,860 CAD ($305,358 CAD/Unit) Rexburg, ID 83440

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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 $2,442,860 CAD
Price Per Unit $305,358 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 $1,187 CAD 800
1+1 4 $977.14 CAD 800

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
RPR4KLA006002A
Land Assessment
$121,216 CAD
Improvements Assessment
$575,988 CAD
Total Assessment
$697,204 CAD
  • Listing ID: 29919243

  • Date on Market: 2023-10-30

  • Last Updated:

  • Address: 509 S 5th W, Rexburg, ID 83440

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