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    486 S 3 W

    Rexburg, ID 83440
    • $7,800,000
    • STATUS: Active
    • ON SITE: 26 days
    • MLS #: 2134270
    $7,800,000
    • 86
      BEDS
    • 1.28
      ACRES
    • 68
      BATHS
    • 0
      1/2 BATHS
    • 40,945
      SQFT
    • $190
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2017
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Dormitory BYU- I approved housing for men & women. 3 separate buildings totaling 35 units (172 beds). Superb property management in place for onsite and offsite making this a very hands-off investment. If your looking for the 'mailbox check' investment this is the one. This complex is very unique in the BYU-I market. Most newer approved complexes built in the last several years are very large. The tenants at The Roost enjoy the benefits of new but without being drowned out by the crouds. Amenities include Ping pong, Piano Room, TV Lounge, Gathering areas, onsite storage units. There are 2 separate floor plans the 4 person units or the 6 person unit. Either option includes in-unit laundry, AC, TV, Very Nice Furniture, Private pantry closet for each student. The buyer will be required to work with the BYU-Idaho Housing Office as the new owner for the qualified single student housing.

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    © 2021 Information provided by Snake River Regional Multiple Listing Service (SNRRMLS) is deemed reliable but not guaranteed. Real estate listings held by brokerage firms other than The Group Real Estate are marked with the SNRRMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2021-02-25T00:23:08.29.
    www.idahomefinder.com/homes/113728306
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    486 S 3 W Rexburg, ID 83440

    • Price: $7,800,000
    • Status: Active
    • MLS #: 2134270
    86
    Beds
    68
    Baths
    0
    ½ Baths
    1.28
    Acres
    40,945
    SQFT
    $190
    $/SQFT
    2017
    Built
    Neighborhood:
    None
    County:
    Madison
    Area:
    Rexburg
    Elementary School:
    Kennedy 321El
    Middle School:
    Kershaw Middle
    High School:
    Madison 321Hs
    Property Description
    Dormitory BYU- I approved housing for men & women. 3 separate buildings totaling 35 units (172 beds). Superb property management in place for onsite and offsite making this a very hands-off investment. If your looking for the 'mailbox check' investment this is the one. This complex is very unique in the BYU-I market. Most newer approved complexes built in the last several years are very large. The tenants at The Roost enjoy the benefits of new but without being drowned out by the crouds. Amenities include Ping pong, Piano Room, TV Lounge, Gathering areas, onsite storage units. There are 2 separate floor plans the 4 person units or the 6 person unit. Either option includes in-unit laundry, AC, TV, Very Nice Furniture, Private pantry closet for each student. The buyer will be required to work with the BYU-Idaho Housing Office as the new owner for the qualified single student housing.
    Exterior Features

    Construction And Status Frame Driveway Asphalt Exterior Primary Hardboard/Composition Exterior Secondary Metal Foundation Concrete Perimeter Garage Stalls 0 Landscaping Concrete CurbingSprinkler System-FullEstablished LawnEstablished TreesTerracedFlower BedsSprinkler-Auto Location Near ParkNear University/College Roof Architectural Style Separate BuildingsUnits Over And Under Topography Setting Slight Slope

    Interior Features

    Air Conditioning Central Basement FullEgress WindowsFinished Heat Source And Type GasForced AirHeat Pump Sq Ft Above Grade 36850 Sq Ft Below Grade 4095 Style1 Baths 2 Style1 Bedrooms 3 Style1 Sq Ft 0 Style2 Baths 2 Style2 Bedrooms 2 Style2 Sq Ft 0 Style3 Baths 0 Style3 Bedrooms 0 Style3 Sq Ft 0 Style4 Baths 0 Style4 Bedrooms 0 Style4 Sq Ft 0 Style5 Baths 0 Style5 Bedrooms 0 Style5 Sq Ft 0 Style6 Baths 0 Style6 Bedrooms 0 Style6 Sq Ft 0 Total Baths 68

    Property Features

    Amenities SidewalksClubhouseLaundry Included Covenants No Distressed Property Not Applicable Exclusions Renters Personal Property Fixer Upper No Flood Plain N Handicap Access Yes Ho Exempt Not Exempt HOA No Inclusions All FurnitureAppliances Owner Pays ElectricityCommon Area MaintenanceSewerOtherGasSnow RemovalInsuranceTrash CollectionGrounds CareWater Property Type 11+ Units Provider Other Info Rocky Mountain Power Sewer Public Sewer Style1 Rent 0 Style1 Units 18 Style2 Rent 0 Style2 Units 17 Style3 Rent 0 Style3 Units 0 Style4 Rent 0 Style4 Units 0 Style5 Rent 0 Style5 Units 0 Style6 Rent 0 Style6 Units 0 Tax Year 2020 Taxes 72662.00 Tenant Pays None Terms CashConventional1031 Exchange Utilities Separate Power MetersSeparate HeatSeparate Water Heaters Water Public Zoning General Other Zoning Specific Not Verified

    Listing provided courtesy of Silvercreek Realty Group.
    © 2021 Information provided by Snake River Regional Multiple Listing Service (SNRRMLS) is deemed reliable but not guaranteed. Real estate listings held by brokerage firms other than The Group Real Estate are marked with the SNRRMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2021-02-25T00:23:08.29.
     
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    The Group Real Estate
    950 Memorial Drive
    Idaho Falls ID, 83402