Commercial Real Estate in 83440

The Colonial House is located in the rapidly growing college town of Rexburg, Idaho. Rexburg is in the heart of the Snake River Valley in the shadow of Yellowstone and Teton National Parks. Rexburg is the county seat of Madison County and takes the lead in attracting tourists to the region with over 1.7 million visitors through Yellowstone's West Gate in 2018 alone. Rexburg is also home to Idaho's largest private University, Brigham Young University Idaho (BYU-Idaho), which was founded in 1888. BYU-Idaho continues to grow each year with new student enrollment and expanding online education programs. Over 19,000 students currently attend Brigham Young University Idaho annually, with that number continually projected to grow each year. TYG is pleased to present the opportunity to acquire The Colonial House in Rexburg, ID. The offering consists of 342 beds, located in a high demand area for student housing. The location gives residents quick and easy access to all that BYU-Idaho has to offer. Less than a block from the property is the I-Center, a 435,000 square foot multi-purpose building containing a 15,000 seat auditorium and a large, multi-use activities center. Next to the I-Center, the Manwaring Center is home to the University Store, a renovated and expanded food court, a new convenience store, a dance studio suite and space for the Activities Program. In addition, this property benefits from nearby retail and restaurant options that are within walking distance. The Colonial House is 57 units with six beds per unit. Each bed is individually leased to students with a total of 342 beds. With one of the most desired locations to live for students because of its proximity to campus, The Colonial House is one of the most suitable off-campus women's approved housing within Rexburg. BYU-Idaho is a private, four-year university affiliated with The Church of Jesus Christ of Latter-day Saints. Founded in 1888, BYU-Idaho has now grown to become Idaho’s largest private University. The campus spans 430 acres with more than 40 buildings and over 19,000 students attending each semester. This building is located two blocks from the university, providing students with the convenience of walking to and from campus easily. BYU-Idaho operates with three distinct 14-week semesters, year-round: Fall, Winter, and Spring with one 7-week Summer break. Each student is admitted to a track consisting of two semesters. This track system keeps a steady number of students attending year-round.

Contiguous to New Walmart Super Center Excellent Highway 20 Frontage and Exposure Available: 77 Acres - $3.50 PSF Available: 77 Acres - $3.50 PSF Contiguous to New Walmart Super Center Excellent Highway 20 Frontage and Exposure Rexburg is Home to BYU-Idaho Gateway to the Tetons Intersecting Highway 33 Over 200,000 Households Spending Power of Over $6.9 billion

NEC Lorene & 2nd