Active

788 S Broadway Street

BLACKFOOT, ID 83221
Mark as Favorite
Bed 99

Bed

Bath 82

Bath

SqFt38,800

Sqft

Acres4.28

Acres(Lot)

Slate Mountain Mobile Home Park is a fully stabilized, multi-income investment in one of Southeast Idaho's strongest growth corridors. Located at 788 S Broadway in Blackfoot, this turnkey asset includes 38 newly installed manufactured homes (2023 models), 40 self-storage units, 3 updated apartments, a leased laundromat, and a commercial building with two long-term tenants, including the Humane Society. All units are professionally managed via AppFolio with modern infrastructure, including paved roads, fiber internet, city utilities, and separate metering. The layout is community-focused, with dedicated parking, central green space, and thoughtful design that enhances tenant satisfaction and reduces wear. With a projected NOI of $582,249 by 2027 and rents steadily increasing, this property delivers a 6% stabilized cap rate at the $9.8M list price. A professionally engineered cost segregation study unlocks $3.4M in first-year accelerated depreciation—estimated at $1.2M in tax deductions—making this a tax-advantaged, cash-flowing opportunity ideal for 1031 buyers, private investors, or real estate funds seeking scalable, recession-resilient income in an emerging Idaho submarket.

Read More Expand

Detail Ic Property Details

Property Type : Residential Income

Price : $9,800,000

AD Id : 65579782

MLS Id : 2177736

Beds : 99

Lot Size : 4.28 Acres

Living Area Size : 38,800

Year Built : 2023

County : Bingham

Subdivision: Overbrook

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 99

    Bathroom Information

    Full Baths: 82
  • Roofing Information

    Metal
  • Interior Features

    Roof: Metal Appliances: Dishwasher, Cooktop
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Natural Gas Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 2023 Building Area Total: 38800 Construction Materials: Block, Brick, Vinyl Siding Private Pool: No

  • Lot Information

    Lot Size Acres: 4.28

    Property Information

    Subdivision: BLACKFOOT-BING Source Property Type: Residential Income Zoning Description: BLACKFOOT-C3-SERVICE COMMERCIA Property SubType: Multi Family Property Age: 3

  • Listing Price Information

    Listing Price: $9800000

  • Tax Information

    Parcel Number: RP1069601 Tax Year: 2024 Annual Tax: $15000

  • School Information

    Elementary School: Riverbend Elementary
    Junior High School: Mountain View Middle Scool
    Senior High School: BLACKFOOT 55HS
  • Location Information

    WaterSource: Public
Sell a home like this and save $587,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
252 Shilling Avenue, Blackfoot, ID, 83221 $435,000 8 4 3,636 3,636 SqFt
66 N Stout Avenue, Blackfoot, ID, 83221 $350,000 4 3 2,700 2,700 SqFt
362 SE Main St, Blackfoot, ID, 83221 $289,000 4 3 2,200 2,200 SqFt
362 SE Main Street, Blackfoot, ID, 83221 $289,000 4 3 2,200 2,200 SqFt
194/196 W Center Street, Blackfoot, ID, 83221 $360,000 6 4 1,794 1,794 SqFt
195 Lansing St, Blackfoot, ID, 83221 $495,000 5 3 3,842 3,842 SqFt
350 S 700 W, Blackfoot, ID, 83221 $490,000 7 4.5 7,435 7,435 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Snake River Regional MLS. The IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable, but is not guaranteed. Consult with your real estate professional to verify the provided information. NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. Snake River Regional MLS and this broker will not knowingly accept any advertising for real estate which is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis. Information deemed reliable but not guaranteed. Copyright © 2026 Snake River Regional MLS. All Rights Reserved.

ByOwner last updated this listing 06/13/2026 @ 01:03

MLS: 2177736 LISTED BY: Legacy Ranch Properties, Keller Williams Realty East Idaho 208-529-8888 SOURCE: Snake River Regional MLS

Selling? Save $587,501 when you sell a home like this

Tour with a ByOwner Agent