Crestwood Apartments
Student Housing | 6% CAP | 71 Beds
Marketing description
Marcus & Millichap is pleased to present the opportunity of Crestwood Apartments, a 71-bed Student Housing Opportunity located in Rexburg, Idaho. This property offers an exceptional living opportunity for BYU-Idaho students, providing affordable, comfortable housing right across from campus. This BYU-Idaho Approved complex delivers a home-away-from-home experience at a great price, with the convenience of a short walk to classes, fellow students, and campus activities. Residents benefit from private closets and desks, allowing for personal space and efficient study environments. The large lounge area, featuring couches, a TV, and a piano, creates a welcoming space for socializing and relaxation. Additional perks include free onsite laundry and ample parking, making daily living both convenient and economical.
Located near key campus landmarks such as the Visual Arts Studio, Spori, Testing Center, and Clarke buildings, Crestwood Apartments ensures that walks to campus are just minutes away. Crestwood Apartments stands out as the ideal choice for investors seeking a balanced, convenient, and enriching college-proximal investment opportunity.
Investment highlights
- Prime Location Advantage: School approved housing located approximatley 50 feet from Brigham Young University Idaho.
- Stabilized with Upside: Strong in-place income, Fall 2026 rent increases scheduled, and newly installed fiber driving operating cost savings.
- Robust Enrollment Growth: BYU-Idaho has welcomed record-breaking incoming classes in two consecutive years (Fall 2024 and Fall 2025) and reached a record 50,336 total enrolled students in Winter 2026 (January-April 2026).
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