REBusinessOnline

63-UNIT BYU APARTMENT FETCHES $5.5 MILLION

REXBURG, IDAHO — A Utah-based private investor has purchased the 63-unit Mountain Pines Apartments from an undisclosed party for $5.5 million. The property, located across the street from Brigham Young University-Idaho at 129 Viking Dr. in Rexburg, can house 378 students. Daniel Shin and Michael Beckstead of Marcus & Millichap’s Salt Lake City office represented the buyer.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

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