Blackfoot Multi-Income Investment
For Sale
$9,800,000
788 S Broadway St, Blackfoot, ID 83221
Turnkey asset with mobile homes, storage, apartments, laundromat, and commercial space.
Property SizeContact for details
Lot Size4.28 Acres
Days on Market427
Property Features for 788 S Broadway St
General Information
Standard status
Active
Lot size
4.28 Acres
Taxes and HOA fees
Annual Taxes
$15,000
Listing Agency:
Keller Williams Realty East Idaho
(208) 529-8888
Listed By:
Legacy Ranch Properties
(208) 529-8888
Source:
Exprealty
Added: Jun 25, 2025
Changed: Aug 20
Last Checked: Aug 24 at 11:24AM
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 Keller Williams Realty East Idaho
Investment Insights
Based on property information with market context.
Slate Mountain Mobile Home Park is a stabilized, multi-income investment property located at 788 S Broadway in Blackfoot, Idaho. The property includes 38 newly installed manufactured homes (2023 models), 40 self-storage units, and 3 updated apartments. Additionally, there is a leased laundromat and a commercial building with two long-term tenants, one of which is the Humane Society. The property is professionally managed via AppFolio and features modern infrastructure, including paved roads, fiber internet, city utilities, and separate metering. The layout is community-focused, with dedicated parking and central green space. The property is designed to enhance tenant satisfaction and reduce wear. The projected Net Operating Income (NOI) is $582,249 by 2027. A professionally engineered cost segregation study unlocks $3.4M in first-year accelerated depreciation, estimated at $1.2M in tax deductions. This property is suited for 1031 buyers, private investors, or real estate funds seeking scalable, recession-resilient income.
Key Highlights
- Fully stabilized, multi‑income investment property with diverse income streams (manufactured homes, storage units, apartments, laundromat, commercial building).
- Newly installed (2023) manufactured homes and updated apartments.
- Projected NOI of $582,249 by 2027 and a 6% stabilized cap rate.**
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
765
Businesses Nearby
Explore this area
Business Placement
Demographics for 83221, ID
28,354
Population
9,985
Households
2.8
Avg Household Size
35
Median Age
22%
College-Educated
91%
High-School Grad
725.6 sq mi
ZIP Area
39
Density / Sq Mi
$77,889
Median Household Income
$34,623
Median Earnings
$848
Median Rent
$250,200
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Turnkey asset with mobile homes, storage, apartments, laundromat, and commercial space.
Where is this mobile home & rv park located?
The property is located at 788 S Broadway St Blackfoot, ID.
What is the asking price?
The asking price for this property is $9,800,000.
What are key features of this property?
This property features: Fully stabilized, multi‑income investment property with diverse income streams (manufactured homes, storage units, apartments, laundromat, commercial building).; Newly installed (2023) manufactured homes and updated apartments.; Projected NOI of $582,249 by 2027 and a 6% stabilized cap rate.**
