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The Grove at Thomson Farms Apartments

$29,000,000

397 Thomson Farms Road, Rexburg, ID 83440

Active
Last Updated: 01/10/2024

156,253 sqft

Building Size

94

Occupancy

Details:
Building Size:    156,253 sqft
Occupancy:    94%
Units:    190
Highlights:
  • New 2020 construction
  • Prime location in area of increasing growth
  • Low price per unit; well below replacement cost
  • Opportunity for expansion with approved Phase 3
  • High quality finishes; stone accents, stainless steel, quartz
  • Large asset size allowing a buyer to establish immediate scale
  • Quick access to Hwy 33 connecting to Idaho Falls and Island Park
Description:

PROCESS:
All offers reviewed on 01.31.2024
Offers accepted for: (1) The Grove Apts. or (2) The entire offering
Property tours are highly encouraged. Call for scheduling.
LOI to include: Price, Earnest Money, Due Diligence Timeline & Closing Period


Thomson Farms Road & Yellowstone Highway

Map:
Location
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