Address Withheld
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.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyMadison
- Taxes$39,356
- HOA/Condo/Coop Fees$0
- Days on Site35 Days
- MLS StatusActive
- MLS ID Number2165393
- Home Size Source N/A
- Year Built2003
- Lot Size1.59 Acres
- Full Baths46
- Partial BathsN/A
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