Property Highlights
132 Unit Infill Development
The 5 Points Area is positioned near the intersection of three major roads in Twin Falls: the intersection of State Highway 93 (Blue Lakes), State Highway 30 (Addison), and Shoshone Street (which is the main access road into downtown Twin Falls).
C1 Zonings allows for high-density Multifamily development, a permitted use. No entitlement approvals are needed or required. The next step is to submit final construction plans to the city to obtain a building permit to commence construction.
Cap Rate: 0
These prime 4.35 acres are located in the heart of Twin Falls, and allow easy access to the entire community including downtown Twin Falls, shopping, dining, and employment centers
Twin Falls is the largest city center in Southern Idaho with a population of 56,849 people.
https://www2.mtnwest.com/finalflyers/225ElmStN_TwinFalls_Kris_OM.pdf
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