486 S 3 W, Rexburg, ID 83440

$7,800,000
86
BD
68
BA
40,945
SqFt
List Price
$7,800,000
Days on Market
37
MLS#
2134270
Price Per Sqft
$190
Bedrooms
86
Bathrooms
68
Full-baths
68
Sq. Ft
40,945
Acres
1.281
Year Built
2017

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.

Additional Information

Taxes
$72,662
Construction Status
Frame
Style
Separate Buildings, Units Over and Under
Roof
Architectural
Basement Desc
Full, Egress Windows, Finished
Cooling
Central
Heating
Separate Power Meters, Separate Heat, Separate Water Heaters
Water
Public
Sewer
Public Sewer
Elementary School
Kennedy 321el
Middle School
Kershaw Middle
High School
Madison 321hs

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Silvercreek Realty Group.