Slate Mountain Mobile Home Park is a fully stabilized, multi-income investment in one of Southeast Idaho's strongest growth corridors. Located at 788 S Broadway in Blackfoot, this turnkey asset includes 38 newly installed manufactured homes (2023 models), 40 self-storage units, 3 updated apartments, a leased laundromat, and a commercial building with two long-term tenants, including the Humane Society. All units are professionally managed via AppFolio with modern infrastructure, including paved roads, fiber internet, city utilities, and separate metering. The layout is community-focused, with dedicated parking, central green space, and thoughtful design that enhances tenant satisfaction and reduces wear. With a projected NOI of $582,249 by 2027 and rents steadily increasing, this property delivers a 6% stabilized cap rate at the $9.8M list price. A professionally engineered cost segregation study unlocks $3.4M in first-year accelerated depreciation"”estimated at $1.2M in tax deductions"”making this a tax-advantaged, cash-flowing opportunity ideal for 1031 buyers, private investors, or real estate funds seeking scalable, recession-resilient income in an emerging Idaho submarket.
Property Type(s):
Commercial
|
Last Updated
|
4/17/2025
|
Tract
|
BROADWAY-BING
|
|
Year Built
|
2023
|
County
|
Bingham
|
Additional Details
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Cooktop, Dishwasher |
| CONSTRUCTION |
Block, Brick, Vinyl Siding |
| HEAT |
Electric, Natural Gas |
| LOT |
4.28 acre(s) |
| SEWER |
Public Sewer |
| SUBDIVISION |
BROADWAY-BING |
| TAXES |
15000 |
| WATER |
Public |
| ZONING |
BLACKFOOT-C3-SERVICE COMMERCIA |
Location
Listed with Keller Williams Realty East Idaho
Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information deemed reliable but not guaranteed.
This IDX solution is (c) Diverse Solutions 2025.
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