Bountiful Place Apartments - 345 West 5th South, Rexburg, ID 83440

Bountiful Place is located in Rexburg, Idaho located in the SouthEastern part of Idaho. The city’s population is currently about 28,000 and has experienced a 6.0% increase since 2000. The city is home to Brigham Young University-Idaho, a private institution operated by The Church of Jesus Christ of Latter Day Saints. BYU-Idaho currently has an enrollment of approximately 18,000 students every semester with a focus on undergraduate education. The University is the largest private university in Idaho and provides over 25 associate degrees and more than 100 bachelor’s degree programs using a three-semester track system. there are three, 14-week semesters: Fall, Winter, and Spring. Each student accepted is admitted to a track comprised of two semesters. Location is the #1 determinant of long-term success in student housing. Rather than measuring distances in miles, well-located student housing is measured in terms of feet from campus. Bountiful Place is located only two short blocks from BYU-Idaho. It also experiences high-demand as men's housing due to its location surrounded by prominent women's only housing. CBC Advisors is pleased to offer for sale Bountiful Place Apartments, a popular 27-unit contracted student housing project at Brigham Young University - Idaho in Rexburg, Idaho. Bountiful Place is a recently-built student housing project for men with 148 Beds that is ideally located just 2 blocks from the campus of BYU-Idaho. Apartment units at Bountiful Place, and throughout the Rexburg student rental market, are leased by the bed. This makes it possible for the owner to increase rents more quickly in a market in which rents are rising. Bountiful Place Apartments approved for 148 leases. With a projected men's housing shortage at the University as soon as this coming Winter 2018 semester, due to an increased cap on university enrollment, Bountiful Place is well-situated to be fully occupied for many years to come.