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397 Thomson Farms Rd
Rexburg, ID 83440

Price Upon Request

Apartments For Sale  •  500,000 SF

Property Details

  • Property Type Apartments
  • Total Building Size 500,000 SF
  • Lot Size 55.29 AC
  • Building Class A
  • Year Built 2020
  • Zoning MDR1
30 Walk Score

Highlights

Introducing Thomson Farms, a 55-acre mixed use development of low, medium and high-density housing paired with a grocery anchored shopping center.
Approved as a Planned Unit Development (PUD) in 2017, Phases 1 and 2 of the apartment complex were completed in 2020 and are now stabilized.
Future phases include single family residential lots, townhomes, and retail development on an additional 47.13 acres of land.
Strategically positioned site is fully served with municipal utilities & has a prime location along State Hwy 33 situated between BYU-Idaho & Walmart.
Thomson Farms presents the opportunity for a buyer to acquire immediate scale with 190 cash-flowing units in the rapidly growing community of Rexburg.
Additionally, with future value-add through the completion of complimentary uses in the full development.

Amenities

  • 24 Hour Access
  • Balcony
  • Controlled Access
  • Clubhouse
  • Fitness Center
  • Microwave
  • Playground
  • Pool
  • Property Manager on Site
  • Spa
  • Storage Space
  • Washer/Dryer
  • Wi-Fi
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Maintenance on site
  • Island Kitchen
  • Patio

Public Transportation

AirportDriveWalkDistance
Idaho Falls Regional 38 min - 30.3 mi