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35 W 2 N, Rexburg, ID, 83440

2beds
1baths
21,700sqft
$3,950,000
$182price/sqft
$24,374/moest. monthly cost
$974,960/yrincome needed

About This Home

Introducing College Park Apartments, a 31-unit multi-family complex ideally located In Rexburg, ID. This well-maintained property consists of thirty one 2 bedroom 1 bathroom apartments. The complex features ample off-street parking and on-site laundry facilities. Tenants enjoy walkable access to parks, downtown amenities, restaurants, and public transportation. With historically high occupancy rates and stable cash flow, this is a rare turnkey asset in one of Idaho's strongest rental markets. Whether you're looking to expand your portfolio or secure a high-performing asset in a growing college town, College Park Apartments is a premier investment opportunity. Buyer and buyers agent to verify all information.

Getting Around

77
WalkingVery Walkable
0
TransitVery Limited Transit
72
BikeVery Bikeable

Schools

8/10
Adams Elementary SchoolGrades K-40.4 mi
--
10/10
Madison Senior High SchoolGrades 10-122.6 mi

Construction

Condition

  • Property condition: Existing

Materials

  • Foundation: Slab
  • Roof: Architectural
  • Construction materials: Primary Exterior Material: Vinyl Siding,Primary Exterior Material: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Refrigerator,Oven,Separate Water Heaters
  • Laundry features: Coin Operated Laundry

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Finished area below ground: 0
  • Finished area above ground: 21,700

Heating & Cooling

  • Heating features: Natural Gas,Forced Air,Separate Heat
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 21,700
  • Total interior livable area: 21,700 sqft

Property

Details

  • Parcel number: RPRRXB10230020
  • Zoning description: General Zoning: Mc-High Density,Specific Zoning: Rexburg-High Density Resid 1
  • Exclusions: Tenant's Personal Items,Items In Office Area And Storage Room.

Features

  • Exterior features: Lighting
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 1.03 Acres
  • Features: Level,Interstate Exit/Access,Near Golf Course,Near Green Belt,Near Park,Near Schools,Near University/College,Established Lawn,Sprinkler-Auto,Sprinkler System-Full

Parking

  • Total spaces: 124
  • Parking features: Off Street
  • Attached garage spaces: 62
  • Covered spaces: 62