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347 S 4th W REXBURG, ID 83442
- Other / Resale (MLS)
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Property Details for 347 S 4th W, REXBURG, ID 83442
Features
- Price/sqft: $234
- Total Units: 46
- Total Rooms: 10
- Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
- Heating: Forced Air Heating
Facts
- Year Built: 01/01/2003
- Property ID: 887470195
- MLS Number: 2165393
- Property Type: Other
- County: JEFFERSON
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. Here is an opportunity that you do not want to miss. Introducing The Sugar Apartments. This 46 unit complex was constructed in 2003. It sits on 1.35 acres and is very centrally located to Rexburg hot spots such as Porter Park, Hemming Village, and a 5 min walk from the BYU Idaho Campus. The complex being offered at a 5.2% Cap rate. It is fully stabilized with great financials and a $363,000 NOI. The complex offers 88 total parking stalls and ample green space areas. On site there are 21 storage units that are rented separate and offer a convenient option for tenants. There is also an option with the current lender to match the loan terms with a new buyer, which includes a 4.35% interest rate.
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Property Brokerage:
HomeSmart Premier Realty
586 1st St
Idaho Falls
ID
83401
Copyright © 2024 Snake River Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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All information provided is deemed reliable, but is not guaranteed and should be independently verified.