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
|
Year Built
|
2023
|
|
Community
|
Blackfoot
|
County
|
Bingham
|
Additional Details
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| AREA |
Blackfoot |
| CONSTRUCTION |
Block, Brick, Frame, Vinyl Siding |
| HEAT |
Forced Air, Natural Gas |
| LOT |
4.28 acre(s) |
| SEWER |
Public Sewer |
| STORIES |
1 |
| TAXES |
15000 |
| WATER |
Public |
Listed with Keller Williams Realty East Idaho
Information is deemed reliable but not guaranteed.
This IDX solution is (c) Diverse Solutions 2025.
Request More Info
Schedule a Showing
Share
Print
Twitter
Facebook
Email