5405 E Grove Ave Athol, ID 83801
For Sale
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Rare opportunity to acquire a 9 home workforce housing community situated on approximately 2.23 acres in Athol, Idaho. Unlike many traditional mobile home parks, ownership includes all 9 rental homes and 11 city lots. Property consists of 6 singlewide homes and 3 doublewide homes, all separately metered with tenants paying their own utilities, lawn care, and snow removal, helping keep operating expenses low. Each home includes a fenced yard and storage shed, creating more of a neighborhood feel than a typical park. Current gross rents total $15,000/month and the property is currently 100% occupied w/ established management in place and available to the next owner. Ownership has extensively updated the units over time, addressing deferred maintenance and improving overall condition. Includes 2 additional developable lots, offering future upside through expansion or resale. Financials available upon request. Please do not disturb tenants.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.