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Rexburg, ID 83442

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For Sale

$7,000,000

92 beds46 baths29,900 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $234.11
    Price per square foot

  • 21-30 Years Old
    Age

Explore this Property

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.
MLS# 2165393

Courtesy Of HomeSmart Premier Realty

(208) 510-0551

Property Features

  • Age
    21-30 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Vinyl Siding
  • Heating Fuel
    Electric, Natural Gas
  • Heating System
    Forced Air
  • Lot Size
    1.59 Acres
  • Roof Type
    Unknown
  • Rooms
    Bedroom, Full Bath

Area Map

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Home seller CENTURY 21 High Desert

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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