Mountain Lofts

BYU – Idaho
161 Units | 1,072 Beds

TSB Realty was engaged by Kayne Anderson Real Estate Advisors to sell Mountain Lofts in Rexburg, Idaho, via an off-market process directly approaching known buyers of value-add student housing. TSB Realty successfully secured a buyer for Mountain Lofts, and the property was sold in 2017 to a local private owner.

Property Summary
• Officially approved campus housing by BYU-Idaho
• Two apartment buildings and a clubhouse, each three stories of wood-framed construction
• 161 Units | 1,072 Beds
• Year Built: 2014
• Deal closed: 2017

Property Amenities
• Directly adjacent to BYU-Idaho campus
• Two-story clubhouse
• Indoor and outdoor fireplaces
• Covered parking garage
• Two fitness centers

Property Description
Mountain Lofts is a class “A” student housing community located near the Brigham Young University–Idaho campus in Rexburg, Idaho. Situated on 5.59 acres immediately west of campus, the property boasts the best in BYU-Idaho approved living, with luxurious amenities, abundant space for ward meetings and easy access to academic buildings. Mountain Lofts offers a mix of two-, three-, and four-bedroom floor plans, each fully furnished and with bathroom to bedroom parity. Units are also equipped with washer and dryer, granite countertops, hardwood-style plank flooring and stainless steel appliances. Community amenities include two fitness centers, a two-story clubhouse, covered parking garage and outdoor courtyards that provide students with an outdoor kitchen, fire pit and plenty of room to enjoy the spectacular mountain views. Mountain Lofts strives to embody an atmosphere where students can build connections and feel a sense of community while attending BYU-Idaho.