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606 Yellowstone Ave Silverton, ID 83867

Sponsored
For Sale
$1,200,000

High-Yield MHP, Expansion Potential

Description

Added:
Feb 3, 2025
Days on Market:
338
This exceptional investment opportunity presents a thriving 21-site mobile home park situated on a spacious 4.1-acre lot in Silverton, Idaho. Priced at $1,200,000, this property boasts a strong 7% capitalization rate, offering immediate returns for the savvy investor. The park's current configuration provides a solid foundation for continued income generation, while the expansive acreage presents significant potential for expansion or redevelopment. Imagine adding more mobile home sites, constructing multi-family units, or exploring other residential development options to further enhance profitability. The property benefits from convenient access to city water and sewer services, as well as natural gas, ensuring efficient and cost-effective operations. Its prime location between Lookout Pass and Silver Mountain ski resorts, coupled with proximity to paved bike trails and numerous ATV trails, adds significant appeal to residents and enhances the property's overall value. Just one mile from the historic town of Wallace, Idaho, and with I-90 visibility, this property enjoys excellent exposure and accessibility. This is a rare chance to acquire a well-established, income-producing asset with substantial upside potential in a desirable location. The existing infrastructure and strategic location combine to create a compelling investment opportunity with strong long-term growth prospects. Don't miss this chance to secure a piece of Idaho's thriving real estate market.

Property Features for 606 Yellowstone Ave

General Information

Property type
Investment properties
Lot Size
178,596 SF

Property Profile Location Intelligence

Current Use by Public Records

Investment properties

Suggested Use

Restaurant Law Firm Nursing Home Assisted Living Facility Storage Facility Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Silverton
County
Shoshone
State
Idaho
Longitude
-115.9649
Latitude
47.49203

FAQs

What type of property is this?
Investment property - High-Yield MHP, Expansion Potential
Where is this investment property located?
The property is located at 606 Yellowstone Ave Silverton, ID.
What is the asking price?
The asking price for this property is $1,200,000.
More about this property
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