488 D Street, Idaho Falls, ID 83402

Chicane is a fully rebuilt 16-unit apartment building in downtown Idaho Falls. One block to the Snake River and Riverwalk Park. The seller took the property down to the shell and rebuilt it correctly-new roof, electrical, plumbing, systems, and finishes.

The location is tops! Walkable, central, and surrounded by downtown energy that tenants actually want: restaurants, offices, retail, and nightlife. From an operational standpoint, Chicane is clean and straightforward. Modern systems mean lower maintenance, more predictable expenses, and fewer surprises.

The 2025 numbers support a solid in-place return with upside through professional management, modest rent optimization, and continued downtown revitalization. This is a rare chance to own a rebuilt, mid-sized apartment asset in a supply-constrained downtown core-without taking on construction risk. Call for offering packet, 3-D tour & Dropbox links!