Main Ave Lofts Twin Falls, ID

High Demand, Zero Supply Apartment in Twin Falls.

Located in downtown, this 6-story multifamily building consists of 4,500 sqft of 1st floor retail, 9,500 sqft of 2nd floor office, and 44 residential units.

The site’s location is convenient to the central downtown district in Twin Falls. The City strongly supports the project for providing needed commercial and residential use in the urban core.

Construction camera: https://share.earthcam.net/tJ90CoLmq7TzrY396Yd88FUE1TyU5dJnEzd_EVzIwFk/solstice_cam/solstice_cam_k/live

Project Details

Units:

44 residential units

22 – Studios
  12 – One Bedroom
  10 – Two Bedroom
13,345 – SF commercial space

Square Feet:
52,850
Entitlements:
Fully Permitted
Construction Length:
14 months
Long Term Financing:
65% Loan to Value Max
Target IRR:
7.6%