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651 Memorial Drive
Pocatello, ID 83201
Asking Price
$6.00M
Asset Type
Student Housing Multifamily
Class
Class B
What's Special
177 Proposed Units! | Campus-Adjacent Site <ul><li><span style="color: rgba(33, 37, 41, 1)">Adjacent to Idaho State University with easy access to campus, downtown amenities, retail, and transit.</span></li><li><span style="color: rgba(33, 37, 41, 1)">±3.971-acre site ideal for purpose-built student housing or multifamily, with capacity for a large-scale, amenity-rich project including courtyards, study spaces, and structured parking.</span></li><li><span style="color: rgba(33, 37, 41, 1)">Growing need for modern, off-campus housing t
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NOI
$80,000
Cap Rate
1.33%
DSCR
0.22
Underwater
Cash-on-Cash
-15.35%
Monthly Payment
$29,684.726
Annual Cash Flow
$-276,216.715
