Snake River Idaho
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Back to Results | Currently Viewing -  MLS Number: 2165393 A (Active)
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Contact Information
For more information about this listing, please use the contact information listed below.
Luke Bloxham
(C) (208) 431-3785
HomeSmart Premier Realty
(M) (208) 510-0551
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Listing Details
List Price: $7,000,000
Bedrooms: 92
Bathrooms: 46
Total # Units: 46
Style/Design: Separate Buildings
County: Madison
MLS Number: 2165393
Taxes: 39356
Apx Acreage: 1.59
# Off Street Parking: 88
Total # Garage Stalls: 0
Total Half Baths: 0
Apx Year Built: 2003
Apx Total SqFt: 29900
Abv Grade SqFt: 29900
Blw Grade SqFt: 0
Public Info: 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.
Heat Source/Type: Electric, Gas, Forced Air
Agent Compensation: 1.5
Dual/Var Rate: Yes
Min Commission:  
All information is deemed reliable, but is not guaranteed. Consult with your real estate professional to verify the provided information.

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