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Manufactured Home Park Investment
For Sale
$475,000

331 Walnut St., Genesee, ID 83832

Ten-unit manufactured home park with one park-owned home and nine tenant-owned homes generating lot rents.

Property SizeContact for details
Days on Market81

Property Features for 331 Walnut St.

General Information

Standard status Active
Property subtype Commercial

Additional Details

Multifamily Units 10

Amenities

Garage: 11 - 20 Spaces
11 - 20 Spaces
Listing Agency: Silvercreek Realty Group
Listed By: Gary Bergen · License #98614
Source: Clearwaterproperties
Added: Jun 6 Changed: Aug 24 Last Checked: Aug 23 at 8:28AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Silvercreek Realty Group

Investment Insights

Based on property information with market context.

This property is a 10-unit manufactured home park. The offering includes one park-owned manufactured home currently rented at $900 per month, with the remaining nine units consisting of tenant-owned homes that pay consistent lot rents.

The park is located in Genesee, Idaho, providing convenient access to nearby employment, schools, and amenities for day-to-day resident needs.

From an operational standpoint, the mix of a park-owned home and tenant-owned homes is designed to reduce park expenses and management while supporting steady occupancy.

Key Highlights

  • 10‑unit manufactured home park in Genesee, with one park‑owned home and nine tenant‑owned homes
  • Park‑owned home is rented for $900/month
  • Nine tenant‑owned homes generate consistent lot rents, helping reduce property expenses and management

Property Analytics

Current Use

Mobile home & RV ...

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Computer & Electronic Repair Grocery & Convenience Store Garden Center Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10
Residential units

Location Intelligence

Trade Area within ½ mile

62
Businesses Nearby

Demographics for 83832, ID

1,701
Population
839
Households
2
Avg Household Size
40
Median Age
39%
College-Educated
98%
High-School Grad
150.4 sq mi
ZIP Area
11
Density / Sq Mi
$80,417
Median Household Income
$57,917
Median Earnings
$1,097
Median Rent
$316,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Ten-unit manufactured home park with one park-owned home and nine tenant-owned homes generating lot rents.
Where is this mobile home & rv park located?
The property is located at 331 Walnut St. Genesee, ID.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 10‑unit manufactured home park in Genesee, with one park‑owned home and nine tenant‑owned homes; Park‑owned home is rented for $900/month; Nine tenant‑owned homes generate consistent lot rents, helping reduce property expenses and management
More about this property
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