109 Adams St, Horseshoe Bend, ID 83629

Assumable Seller Financing | Duplex + 5-Space Mobile Home Park (7 Income Streams) Duplex and five-space mobile home / manufactured housing property located in Horseshoe Bend. PROPERTY OVERVIEW Seven income streams on approximately 0.80 acres: • Duplex – (2) 2 bed / 1 bath units (built 2002) • Five mobile home spaces – (2) Park-owned homes (home + pad rent) – (3) Tenant-owned homes paying lot rent CURRENT PERFORMANCE • Effective Gross Income (2% vacancy): $67,561 • Net Operating Income: $50,896 • Cap Rate at list price: 6.79% Vacancy has historically been minimal, with very short turnover periods between tenants and several multi-year residents in place. UPSIDE OPPORTUNITY Several long-term tenants are below current market rent. Documented rent upside of approximately $9,600+ annually as leases renew. • Projected Gross Income at market rents: $78,600 • Projected NOI: $60,362 • Projected Cap Rate: 8.05% LOCATION Located approximately 30 minutes north of Boise via Highway 55. Several current tenants commute to Boise and the greater Treasure Valley. UTILITIES & OPERATIONS • City water and sewer • Separately metered electricity • On-site irrigation well • Straightforward management FINANCING Assumable seller financing available (subject to approval). Full financials and rent roll available upon request.