385-213-4210
3040 S South Fork Blvd, Idaho Falls, ID for Sale
Apartments - FOR SALE
1/35
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3040 S South Fork Blvd
Idaho Falls, ID 83402


HIGHLIGHTS

  • Turnkey asset opportunity offering a mix of 1-,2-, and 3-bedroom units, totaling 231 units across five multifamily buildings within a booming locale.
  • Beautiful apartment community providing a wealth of tenant amenities, including a clubhouse, ample on-site parking, a fitness center, and more.
  • Benefit from significant occupancy, an excellent Idaho Falls locale, and value-add potential through maximizing rents.
  • Located in Idaho Falls, poised for significant job and wage growth with several neighborhood conveniences and proximity to popular US national parks.

OVERVIEW

Pioneer Crossing at 3040 S South Fork Boulevard offers the rare opportunity to acquire sprawling multifamily properties in a suburban Idaho Falls community. This robust apartment complex comprises a diverse mix of 231 units across five three-story buildings, a clubhouse, and a maintenance garage, surrounded by landscaped grounds and ample parking. All properties have been constructed or fully improved within the last 24 months. Tenants enjoy in-unit laundry facilities, private balconies, and a full suite of community amenities. Investors will benefit from the strategic location, significant occupancy, value-add potential through maximizing rents, and proximity to neighborhood amenities. Pioneer Crossing provides easy access to local conveniences, from shopping and restaurants to coffee shops, hotels, parks, and museums. The property is positioned minutes from Interstate 15, providing seamless connections in and around town. Idaho Falls is a smaller city with no shortage 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. Pioneer Crossing is primed to offer an excellent multifamily investment opportunity.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

220

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pioneer Crossing Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2024

PARKING SPACES

338

LAND DETAILS

LAND ACRES

10.5 AC

LAND SF

457,380 SF

ZONING

-

APN/PARCEL ID

RPA2850001001O

ASK ABOUT THIS PROPERTY

Mike MinnickMike MinnickMore Info
385-213-4210

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Mike MinnickMike MinnickMore Info
385-213-4210

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.