Prime Multifamily Infill

TBD Vernon is located one block from Lincoln Road and less than 0.5 miles from Highway 26, in a rapidly developing are of Idaho Falls.Presenting an exceptional investment opportunity, four high-density housing parcels offer a strategic multifamily infill development opportunity in a rapidly growing area of Idaho Falls. The property is positioned for high-density residential development and is part of the LIHTC QTC track, creating potential for an affordable housing development strategy. Located near Interstate 15 and Highway 26, the site provides convenient access to Idaho Falls’ major retail, service, and employment corridors. Urban renewal assistance through tax increment financing may also be available through the Idaho Falls Redevelopment Agency, providing a potential additional incentive for qualifying development plans. With a high-density development designation, infill location, and potential access to affordable housing and urban renewal incentives, this property offers a well-positioned opportunity for multifamily developers seeking to capitalize on continued growth in Idaho Falls.