Horseshoe Bend, ID Multifamily properties for sale

Updated: Feb 23

Duplex and Mobile Home Park

109 Adams St, Horseshoe Bend, ID 83629

$749,900

3,700 sqft 0.80 AC lot

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.
Upside Potential: Increase gross income by $9,600+ annually by raising rents to market rates, resulting in a projected 8.05% Cap Rate.
Low Vacancy: Historically minimal vacancy with long‑term tenants in place.

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This listing looks promising.

Here's a quick look at some key insights for

109 Adams St, Horseshoe Bend, ID 83629

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Est. Cap Rate

5.3%
NOI ÷ price
Est. NOI

$40K
Annual
Price @ 7% Cap

$568K
Suggested
Property Type

Mobile Home
Built 1993

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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 1 Active listings in Horseshoe Bend, ID, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Renovated Duplex with Two Units

201 W 1st Street, Emmett, ID 83617

$484,900

1,828 sqft 0.11 AC lot

Fully leased, 2-unit duplex in Emmett with 2023 renovations, updated kitchens, and in-unit laundry.

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Fully Rented 4-Plex

410 S Hayes Ave, Emmett, ID 83617

$569,000

2,356 sqft

Four fully occupied units with a new roof and fresh exterior paint, offering turn-key rental income.

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Upgraded Home in 55+ Community

7098 W Royal Glen Lane, Boise, ID 83714

$129,000

1,568 sqft

Move-in ready 1984 manufactured home with upgrades in a welcoming community.

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Two-Parcel Manufactured Home Income Property

7700 N Jennie Ln & 10426 W Claudia Rd, Boise, ID 83714

$640,000

2,700 sqft 0.69 AC lot

Two adjacent parcels include a single-wide and double-wide manufactured home with existing long-term tenants.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Zoned Multi-Residential Land Lot

111 Cabarton Road, Cascade, ID 83611

$125,000

0.48 AC lot

Residentially zoned land with city services nearby and driveway installed, offering multiple dwelling and approved use options.

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RV Park on Highway 395

Long Creek, OR 97856

$195,000

1.10 AC lot

Commercial property with RV sites and development potential.

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Residential Lot in Garden Grove

3043 GARDEN ROAD, American Falls, ID 83211

$65,000

1.94 AC lot

1.94 acre residential corner lot in a rural setting.

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Residential Land in American Falls

3055 GARDEN PLACE, American Falls, ID 83211

$70,000

1.84 AC lot

1.84 acre residential lot in a rural setting.

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Off-Market Properties in Horseshoe Bend, ID

Consider similar Off-Market properties in Horseshoe Bend, ID. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.