651 Memorial Dr., Pocatello, ID for sale

Investment Overview

Lee & Associates, Idaho LLC is pleased to present a Premier Student Housing development opportunity near Idaho State University in Pocatello. With a growing student population and limited housing supply, demand for quality off-campus housing continues to rise. This campus-adjacent site is well-suited for a purpose-built student housing project, offering the scale to accommodate a high-density, amenity-rich community with features such as study spaces, courtyards, and structured parking. Positioned along a high-visibility corridor with convenient access to campus and nearby amenities, the property presents a strategic opportunity to meet sustained demand and deliver strong returns in a constrained housing market.

Investment Highlights

• Adjacent to Idaho State University with easy access to campus, downtown amenities, retail, and transit.
• ±3.971-acre site ideal for purpose-built student housing or multifamily, with capacity for a large-scale, amenity-rich project including courtyards, study spaces, and structured parking.
• Growing need for modern, off-campus housing that supports both academic and lifestyle preferences.
• Ability to deliver a large-scale residential project within an established, high-demand student market.