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About the Listing 3046 - 3046_10239,3046_8939
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.
Listing Highlights for 788 S Broadway St
Interior Details
- Appliances:
- Air Cond: Central Air
- Heating: Electric,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 38800
- Basement:
- Other:
- Water: Public
Exterior Details
- Garage Capacity: N/A
- Zoning: General Zoning: Not Verified,Specific Zoning: Blackfoot-C3-Service Commercia
- Roof: Architectural,Metal
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $15,000
- Taxes w/Assessments: N/A
- Tax/Property ID: RP1069601
- Tax Year: 2024
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
788 S Broadway St Blackfoot, ID 83221
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