5 POINTS APARTMENT DEVELOPMENT
Multi Family Development Opportunity - 132 Units
Marketing description
This is an excellent infill development opportunity for a mid-sized multifamily project in the very center of the city of Twin Falls. Twin Falls is a growing market with strong rental demand and a favorable development climate.
Investment highlights
• 5 Points – These prime 4.35 acres are located in the heart of Twin Falls, and allow easy access to the entire community including downtown Twin Falls, shopping, dining, and employment centers.
• The 5 Points Area is positioned near the intersection of three major roads in Twin Falls: the intersection of State Highway 93 (Blue Lakes), State Highway 30 (Addison), and Shoshone Street (which is the main access road into downtown Twin Falls).
• Twin Falls is the largest city center in Southern Idaho with a population of 56,849 people.
• The College of Southern Idaho (CSI), Is less than 2 miles away, which contributes to a strong rental market with students and faculty. • Downtown has been revitalized and is a food and social hot spot just 5 minutes away.
• Retail & Amenities: The parcel is located near retail centers including Albertson’s Supermarket (a 1-minute walk away), also in the community are Costco, Target, Lowe's, Home Depot and Walmart.
• Connectivity: The site has convenient access to Interstate 84, State Highway 30 and State Highway 93 allowing for seamless travel to Boise and surrounding areas.
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