www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.

E Sunnyside Rd, Idaho Falls, ID 83404

RW
ID 30269
KW Commercial
Listed by KW Commercial
$6,000,000
23 days on market
Updated 23 days ago

Aspen Point Condominium

Details
Property Type Multifamily
Sub Type Apartment Building, Single Family Rental Portfolio
Square Footage 30,172
Pads 1
Cap Rate 4.78%
NOI $286,784
Pro-Forma Cap Rate 4.78%
Pro-Forma NOI $286,784
Price per SqFt $199
Class A
Year Built 2026
Buildings 1
Stories 3
Investment Type Institutional
Sale Condition N/A

Multifamily | $250,000/unit

Marketing description


INVESTMENT SUMMARY

This offering presents a rare opportunity to acquire a newly constructed 24-unit multifamily community strategically located in the heart of Idaho Falls.

Situated just off Sunnyside Road—one of the city’s main commercial corridors—the property enjoys immediate access to prime retail, dining, and entertainment destinations. This central, high-demand location positions the asset as an attractive option for residents seeking both convenience and quality.

The development features twelve 2-bedroom units and twelve 3-bedroom units, each thoughtfully designed with modern finishes including quartz countertops and paint-grade cabinets. Currently under construction, the project offers the ability to align delivery timelines with 1031 exchange requirements, providing investors with flexibility and certainty.

A unique highlight of this offering is that each unit is individually parceled, creating future optionality for an investor seeking flexibility regarding capital gains strategy, potential condo exit, or phased sell-off of units. This structural advantage enhances long-term value and strategic control.

With strong market fundamentals, high-quality construction, and meaningful flexibility in exit strategy, this 24-unit 24 unit building represents a compelling investment opportunity in one of Idaho Falls’ most active and desirable submarkets

Investment highlights

ASPEN POINT CONDOMINIUMS

24 Newly Constructed Units: Balanced mix of 12 two-bedroom and 12 three-bedroom units.

Prime Location: Located off Sunnyside Road, near major shopping centers, restaurants, and daily use amenities.

Modern Interior Finishes: Quartz countertops, paint-grade cabinets, contemporary layouts.

1031 Exchange Ready: Construction timeline can be aligned to meet investor deadlines.

Individually Parceled Units: Provides unique exit flexibility, potential for condo conversion, and strategic capital gains planning.

Strong Market Demand: Idaho Falls continues to experience population and employment growth, supporting long-term rental demand.

Low Maintenance New Construction: Reduces near-term capex needs, enhancing cash flow stability.

Listing Contacts

RW
ID 30269
KW Commercial
Listed by KW Commercial

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$286,784.00
$23,898.67/mo

Valuation Metrics

0
DSCR
4.78%
Cap Rate
4.78%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591