Repositioned property: An upgrade for the Idaho Falls community

Jake Durtschi • December 16, 2022

Music academy and residential units on Boulevard are now completed!

Boulevard is a classic street in the heart of Idaho Falls. Jacob Grant Capital purchased the property through the Forever Fund. The Boulevard property was the worst looking home on the block. It needed a roof, windows and some interior updates that had been ignored for decades.

A local music teacher had expressed interest in finding an affordable property to rent for a music academy, The Strings Academy of Idaho Falls. After upgrading the property, the Forever Fund has delivered a property with sound barriers between studios, including a very classy ground floor studio, and an upgraded residential unit. This academy is providing an advanced level of teaching the leads to students participating in state and national competitions.

After the remodel, this property is arguably the best looking property on the block. Boulevard is an investment that will deliver long term returns for the investors while providing a major community upgrade.

View Interior Walkthrough

Next time you are in Idaho Falls take a drive down Boulevard and you can see how Jacob Grant Capital is investing in the community.

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By Jake Durtschi • March 10, 2026

We’re excited to share our latest update on the Idaho Falls and Pocatello multifamily markets, highlighting the key trends shaping investment opportunities in 2025. KEY TAKEAWAYS ✅ Labor Market Growth: Idaho Falls (+2.48%) and Pocatello (+2.04%) both saw labor force expansion, supporting continued rental demand. ✅ Supply Pressure Emerging: Idaho Falls is adding housing at more than twice the national rate, and Pocatello multifamily development is up 103% year over year—creating a more competitive leasing environment heading into 2026. ✅ Competitive Cap Rates: Idaho Falls assets are trading around 5.5–6.5%, with Pocatello comps in the 6.0–6.5% range, offering attractive returns relative to national averages. As the market evolves, Jacob Grant Capital remains committed to helping investors navigate supply shifts, rent trends, and emerging opportunities. Review the full reports below and let’s connect to discuss how you can position your portfolio for success in 2026.

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By Jake Durtschi • October 2, 2025

Construction is officially underway at City Heights . There’s still a little room left to invest if you’ve been considering joining the project. Our architect is currently revising the first-floor blueprint to enhance both functionality and profitability—an update aimed at increasing the project’s overall return potential. If you’re interested in allocating more funds toward City Heights—or know someone who might be a great fit—please get in touch. We’d be happy to welcome new partners during this exciting phase.

Forever Fund Full Occupancy & Significant Rent Growth 📈

By Jake Durtschi • September 10, 2025

I’m pleased to share an exciting update on The Forever Fund. After a summer of leasing and improvements, the fund has achieved full occupancy. Additionally, gross rents have increased year-over-year from $35,800 to $48,432, reflecting strong performance and growth.