236 W 3rd

Rexburg, ID 83440
  • $1,640,000

    Price
  • 72

    Bed
  • 26

    Bath
  • 12,240

    SqFt
  • 0.74

    Acre

About the Listing 99002203 - 4025968

Institutional Property Advisors is pleased to present the Rexburg Housing Portfolio, an eight-property student housing portfolio strategically located in Rexburg, Idaho. Ideally positioned near Brigham Young UniversityIdaho, the portfolio benefits from convenient access to campus and a well-established student housing market driven by one of the region's largest private universities. Offering exceptional investment flexibility, the properties may be acquired collectively as a portfolio or individually, allowing investors to pursue a tailored acquisition strategy based on their investment objectives. Supported by a large and growing student population, Rexburg continues to provide a durable demand base for well-located off-campus housing. The portfolio's desirable locations, established operations, and proximity to BYU-Idaho position the assets to benefit from consistent student demand. With the opportunity to acquire individual properties or the entire eight-property portfolio, the offering presents a compelling opportunity to invest in a university-driven market with strong underlying housing fundamentals. Attractive Going-In Yield: Day-one yield that outpaces comparable multifamily offerings in the region. Walk-to-Campus Locations: Each property is ideally positioned within walking distance of campus, offering students convenient access to the university and on campus amenities. Growing Student Population: BYU-Idaho enrolls more than 23,700 campus-based students, representing 5% year-over-year growth and supporting continued demand for student housing in Rexburg. Proven Occupancy: The portfolio maintains approximately 98% occupancy, demonstrating strong and consistent demand for well-located student housing.

Listing Highlights for 236 W 3rd

Status Active
Days on Site 8
Property Type Multi-Family
MLS ® 2192525
Year Built 1997
Total Square Footage 12,240
Lot/Acreage 0.74
County Madison
Elementary School None/Other
Middle School None/Other
High School None/Other

Interior Details

  • Bedrooms: 72
  • Bathrooms: 26 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Lot Dimensions: 0.0x0.0x0.0
  • Roof:
  • Others: Blt./Standing
  • Sewer:

Financial Details

  • Tax Amount: $16,359
  • Taxes w/Assessments: N/A
  • Tax/Property ID: RPR4SE0007004A
  • Tax Year: N/A

Payment Calculator

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  • in Taxes
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Listing Location

Questions About..

236 W 3rd Rexburg, ID 83440

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Originating MLS: UtahRealEstate.com

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Jenn Smart

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