The Ivory at Woodruff offers the opportunity to acquire a Class A, 99-unit multifamily property in a vibrant Idaho Falls neighborhood at 1915 S Woodruff Avenue. This 39,222-square-foot low-rise apartment building is brand new construction and comprises a mix of studio, one-, and two-bedroom units. The property features large floor plans, elevators, and ample parking, with 122 total parking spaces, 98 of which are covered.
The Ivory at Woodruff is an attractive destination for potential tenants with a robust collection of amenities, including a clubhouse, a weight room, a hot tub, and a pickleball court. Investors will benefit from the city's vibrant community, continual growth, and significant occupancy.
Idaho Falls is a smaller city with plenty of things to do. Situated in eastern Idaho on the Snake River among the Rocky Mountains, this beautiful city is near Yellowstone and Grand Teton National Parks and Jackson Hole, a nature lover's dream. It provides a sought-after live-work-play environment while hosting a wealth of businesses, restaurants, and entertainment venues.
The Ivory at Woodruff is well-positioned less than five minutes from the Grand Teton Mall, home to several national retailers and dining options. Nearby access to Interstate 15 and Idaho Falls Regional Airport makes traveling in any out of town a breeze.