255 S 2nd, Rexburg, Idaho 83440
  • $1,125,000

Overview

Property ID: HZ2192522
  • > 4 Units, Residential
  • Property Type
  • 24
  • Bedrooms
  • 12
  • Bathrooms
  • 4752 Sqft
  • Area Size

Description

Institutional Property Advisors is pleased to present the Rexburg Housing Portfolio, an eight-property student housing portfolio strategically located in Rexburg, Idaho. Ideally positioned near Brigham Young UniversityIdaho, the portfolio benefits from convenient access to campus and a well-established student housing market driven by one of the region’s largest private universities. Offering exceptional investment flexibility, the properties may be acquired collectively as a portfolio or individually, allowing investors to pursue a tailored acquisition strategy based on their investment objectives. Supported by a large and growing student population, Rexburg continues to provide a durable demand base for well-located off-campus housing. The portfolio’s desirable locations, established operations, and proximity to BYU-Idaho position the assets to benefit from consistent student demand. With the opportunity to acquire individual properties or the entire eight-property portfolio, the offering presents a compelling opportunity to invest in a university-driven market with strong underlying housing fundamentals. Attractive Going-In Yield: Day-one yield that outpaces comparable multifamily offerings in the region. Walk-to-Campus Locations: Each property is ideally positioned within walking distance of campus, offering students convenient access to the university and on campus amenities. Growing Student Population: BYU-Idaho enrolls more than 23, 700 campus-based students, representing 5% year-over-year growth and supporting continued demand for student housing in Rexburg. Proven Occupancy: The portfolio maintains approximately 98% occupancy, demonstrating strong and consistent demand for well-located student housing.

  • Address: 255 S 2nd, Rexburg, Idaho 83440
  • State/county: ID
  • Zip/Postal Code: 83440
  • Country: US

Details

Updated on October 22, 2026 at 3:53 pm
  • Property ID HZ2192522
  • Price $1,125,000
  • Property Size 4752 Sqft
  • Land Area 0.61 Acres
  • Bedrooms 24
  • Bathrooms 12
  • Year Built 1991
  • Property Type > 4 Units, Residential
  • Property Status Active

Additional details

  • County Madison
  • Property Type Residential
  • Elementary School None/Other
  • Middle School None/Other
  • High School None/Other
  • Architectural Style Stories: 2
  • Listing Office Marcus & Millichap Real Estate Investment Services, INC
  • Listing Agent Evan Clark

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