Hard to find 4-plex in Rexburg in good condition. The owner replace flooring and paint in all the unit just a few years ago. The 4 plex is a corner building and so there is parking in front and also on the side of the building.
Existing 4-plex with buildable vacant land. This project will consist of multiple buildings with an array of unit types and styles to provide the desperately needed inventory across a multitude of real estate types. There will be a 15 unit building to construct which will consist of seven specific legal descriptions that will including - 3-plexes and townhomes. This will allow the developer to offer various segments high demand real estate holdings for sale. Also there is an existing 4-plex structure that is currently full and stabilized so the owner Builder can inherit that monthly existing cash flow during construction. The current plan is to convert this existing 4-plex and completion of the 15 door building and 4 unit hotel, into townhomes to finalize the project. Awesome mixed use product located on Main Street. Listing office has renderings and plans for review.
Rexburg is located in Idaho. Rexburg, Idaho has a population of 33,684. Rexburg is less family-centric than the surrounding county with 42.56% of the households containing married families with children. The county average for households married with children is 43.32%.
The median household income in Rexburg, Idaho is $44,034. The median household income for the surrounding county is $53,498 compared to the national median of $69,021. The median age of people living in Rexburg is 22.8 years.
The average high temperature in July is 83.8 degrees, with an average low temperature in January of 12.4 degrees. The average rainfall is approximately 13.6 inches per year, with 41.8 inches of snow per year.
