109 Adams St, Horseshoe Bend, ID 83629

Building Details

Year Built

2002

Listing office Pipkin & Associated, LLC c***@msn.com Show Phone

Listing date Feb 23, 2026

Source Crexi

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Overview

This property features a duplex and a five-space mobile home park, offering a total of seven income streams, situated on approximately 0.80 acres in Horseshoe Bend. The duplex, constructed in 2002, includes two units, each with 2 bedrooms and 1 bathroom. The mobile home park consists of five spaces, with two park-owned homes (generating home and pad rent) and three tenant-owned homes (generating lot rent). The property is serviced by city water and sewer, separately metered electricity, and an on-site irrigation well. The effective gross income is $67,561 with a net operating income of $50,896, resulting in a cap rate of 6.79%. There is potential for increased income, with documented rent upside of approximately $9,600+ annually as leases renew, potentially increasing the gross income to $78,600 and the cap rate to 8.05%. The property is located approximately 30 minutes north of Boise via Highway 55.

Suggested Use

Big Box & Wholesale Store Auto Parts Store Department Store Storage Facility Skin Care Clinic Food Market Bar & Pub Electronics & Wireless Store Grocery & Convenience Store Computer & Electronic Repair

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

Location Insight

• Map
• Local Demand

City

Horseshoe Bend

County

Boise

State

Idaho

Longitude

-116.198217

Latitude

43.906555

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FAQs

What type of property is this?

Duplex - Duplex plus five-space mobile home park with seven income streams.

Where is this duplex located?

The property is located at 109 Adams St Horseshoe Bend, ID.

What is the asking price?

The asking price for this property is $749,900.

What are key features of this property?

This property features: Assumable Seller Financing: Simplifies acquisition.; Multiple Income Streams: Featuring a duplex and a 5‑space mobile home park.; Strong Current Performance: High Effective Gross Income ($67,561) and Net Operating Income ($50,896) with a 6.79% Cap Rate.