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Josh Mitchell

josh@goldenreg.com +1(208) 206-3869

$ 8,690,000

Est. payment -/mo

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332 S 4th W Rexburg, ID 83440

78 Beds

60 Baths

31,650 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 31,650 sqft

Price per Sqft $274

Subdivision Klingler-Mad

MLS Listing ID 2189803

Bedrooms 78

Full Baths 60

Year Built 2013

Annual Tax Amount $52,048

Tax Year 2026

Lot Size 1.700 Acres

Acres 1.7

Property Sub-Type Multi Family

Property Description

Positioned just 3 blocks from BYU-Idaho, At Home Apartments presents an opportunity to acquire a 60-unit multifamily asset in the established Rexburg rental market. Built in 2013, the property consists of three 3-story buildings on approximately 1.7 acres, offering an established rental operation with potential to enhance future performance. The community features 42 furnished one-bedroom, one-bathroom units and 18 two-bedroom, one-bathroom units, all with 12-month leases. Amenities include radiant hydronic floor heating, window air conditioning, private balconies and patios, covered breezeways, on-site laundry, bicycle storage, and 99 surface parking spaces. A central courtyard layout and convenient access to BYU-Idaho, downtown Rexburg, dining, shopping, and everyday services further support the property's rental appeal. With in-place rents below market medians, At Home Apartments offers investors potential for revenue growth through strategic rent adjustments as leases renew. Current occupancy, net operating income, & rental upside information are available upon request. Combining an established multifamily asset, a strong university-adjacent location, and identifiable value-add potential, the property warrants consideration for investors seeking to expand their portfolio.

Location

State ID

County Madison

Area 31650

Zoning General Zoning: Rx-Hgh Den Resi 2,Specific Zoning: Rexburg-High Density Resid 2

Rooms

Basement None

Interior

Heating Radiant, Common Heat

Cooling Wall/Window Unit(s)

Inclusions All Kitchen Appliances In Each Unit.

Appliance Common Water Heaters, Dishwasher, Refrigerator, Oven, Stove

Laundry Coin Operated Laundry, Common Area, Laundry Hookups

Exterior

Exterior Feature Lighting

Parking Features Off Street

Garage Spaces 99.0

Garage Description Off Street

Community Features Sidewalks

View Y/N No

Roof Type Composition

Garage No

Private Pool No

Building

Lot Description High Traffic, Near Mall/Shop, Near Park, Near Schools, Near University/College, Established Lawn, Level

Foundation Slab

Sewer Public Sewer

Water Public

Schools

Elementary Schools Adams 321El

Middle Schools Madison 321Jh

High Schools Madison 321Hs

Others

Senior Community false

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

Virtual Tour https://youtu.be/tozLug7die4

Listed by Keller Williams Realty East Idaho

NEARBY SCHOOLS & PROPERTIES

Josh Mitchell

Broker Associate License ID: AB44658

+1(208) 206-3869

Josh Mitchell

332 S 4th W Rexburg, ID 83440

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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332 S 4th W