Rexburg Housing

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Located in Rexburg, ID, just blocks from Brigham Young University Idaho, MHE, along with a select few partners, purchased a portfolio of properties in April 2018 consisting of 296 apartment units and 1,546 beds from a long term owner. The properties underwent a capital improvement program.

In order to improve the properties, MHE remodeled the gyms and installed new state of the art equipment, updated student lounges, added study areas, painted the property exteriors, remodeled the offices, dramatically enhanced curb appeal, added BBQ areas, and updated each unit with new flooring, paint, fixtures, furniture and flat screen TVs. Additionally, MHE enhanced student programming and activities and increased the internet speeds in order to enhance the student experience. All of this, combined with new signs and logos has made the property a hit.  

Community Website

Background

PROPERTY DETAILS

  • Asset Type:
    Student Housing
  • Location
    Rexburg ID (BYUI)
  • Average Unit Size:
    800 square feet
  • Purchase Date
    April 2018