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Property Detail

South Fork Boulevard
Turnkey asset opportunity offering a mix of 1-,2-, and 3-bedroom units, totaling 231 units .

$Unpriced

Description

  • Turnkey asset opportunity offering a mix of 1-,2-, and 3-bedroom units, totaling 231 units across five multifamily buildings within a booming locale.
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  • Benefit from significant occupancy, an excellent Idaho Falls locale, and value-add potential through maximizing rents.
  • Beautiful apartment community providing a wealth of tenant amenities, including a clubhouse, ample on-site parking, a fitness center, and more.
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  • Located in Idaho Falls, poised for significant job and wage growth with several neighborhood conveniences and proximity to popular US national parks.

Executive Summary

Pioneer Crossing at 3040 S South Fork Boulevard offers the rare opportunity to acquire sprawling multifamily properties in a suburban Idaho Falls community. This robust apartment complex comprises a diverse mix of 231 units across five three-story buildings, a clubhouse, and a maintenance garage, surrounded by landscaped grounds and ample parking. All properties have been constructed or fully improved within the last 24 months. Tenants enjoy in-unit laundry facilities, private balconies, and a full suite of community amenities.

Investors will benefit from the strategic location, significant occupancy, value-add potential through maximizing rents, and proximity to neighborhood amenities. Pioneer Crossing provides easy access to local conveniences, from shopping and restaurants to coffee shops, hotels, parks, and museums. The property is positioned minutes from Interstate 15, providing seamless connections in and around town.

Idaho Falls is a smaller city with no shortage of things to do. Situated in eastern Idaho on the Snake River, among the Rocky Mountains, this beautiful city is near Yellowstone and Grand Teton National Parks and Jackson Hole, a nature lover’s dream. It provides a sought-after live-work-play environment while hosting a wealth of businesses, restaurants, and entertainment venues.

Pioneer Crossing is primed to offer an excellent multifamily investment opportunity.

Pioneer Crossing Apartments

Listing ID : 00808

SKU: 808

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