Mill Road Townhomes Update
Jake Durtschi • January 9, 2023
Progress continues on construction of the 12 townhomes in Idaho Falls. Windows have been installed in all of the buildings. The electrical, plumbing and HVAC rough-ins are almost complete in all 3 buildings. On the first building, the drywall has been hung and tape and texture is in process. Construction crews are moving to the other 2 buildings to hang the drywall.
We are expecting temporary certificate of occupancies to be issued in March. At this time we will be able to rent out the units. Finalizing the exteriors, fencing, landscaping and grading will continue after the residents move in. Regular distributions will begin after the project is complete and the units are rented out.
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Mill Road Townhomes is Fully Leased! Our newest completed construction in the Forever Fund portfolio , Mill Road Townhomes is now fully leased. The fund purchased this one-acre piece of property in a desirable location in Idaho Falls. Designed as a 12-unit townhome property consisting of four 2-bedroom, 2.5 baths, and 3-bed, 2.5 bath with attached garage. This is an excellent location on the Westside of Idaho Falls, adjacent to long-term stable single-family homes, with accessible shopping nearby and easy access to the highway with access to the Idaho National Laboratory (INL).
