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Blackfoot, ID 83221 788 S Broadway Street

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Presented By: Keller Williams Realty East Idaho
  • MLS# 2175749
  • 04/17/2025
  • Request Tour
  • Request Info
  • SQFT • 38,800

Home Details

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.
Presented By: Keller Williams Realty East Idaho

Interior Features for 788 S Broadway Street

Other Interior Features

Above Grade Finished Area38800
Above Grade Finished Area Unit TypeSquare Feet
Air Conditioning Y/NYes
BasementNone
Below Grade Finished Area
Below Grade Finished Area Unit TypeSquare Feet
Fireplace Y/NNo
Heating Y/NYes

General for 788 S Broadway Street

AccessibilityHandicap Access
Attached Garage No
Building Area UnitsSquare Feet
Business NameSlate Mountain Mobile Home Park
Carport Y/NNo
CityBlackfoot
ConcessionsNo
Construction MaterialsBlock, Brick, Hardboard/Composition, Vinyl
CoolingCentral Air
CountyBingham
Current UseTrailer/RV Park, Other
DirectionsHwy 91 to address
ElectricIdaho Power
Electric On Property Y/NNo
ExclusionsSeller Personal Property
Garage Y/NNo
HOAYes
HeatingElectric, Natural Gas
Land Lease Y/NNo
Lease Amount FrequencyMonthly
Legal DescriptionExhibit A
Living Area UnitsSquare Feet
Lot Size Square Feet186436.8
Lot Size UnitsAcres
MLS AreaBlackfoot
New ConstructionNo
OccupantName208-520-8636
OwnerPaysCommons Area Maintenance, Insurance, Grounds Care, Taxes, Snow Removal, Trash Collection
Property ConditionExisting
Property SubtypeBusiness
Property TypeCommercial Sale
RoofArchitectural, Metal
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameBroadway-Bing
Tax Annual Amount15000
Tax Year2024
Tenant PaysCable TV, Gas, Electricity, Sewer, Water
Virtual TourClick here
Waterfront Y/NNo
Year Built2023
Zoning DescriptionGeneral Zoning: Not Verified, Specific Zoning: Blackfoot-C3-Service Commercia

Exterior for 788 S Broadway Street

Building Area Total38800
Foundation DetailsSlab
Horse Y/NNo
InclusionsAll Units Have Fridges And Stoves, 38 Manufactured Units Also Have Dishwashers.
Irrigation Water Rights Y/NNo
Lot Size Acres4.28
Lot Size Area4.28
Number of Buildings41
Open Parking Y/NNo
SpaNo
Water SourcePublic

Additional Details

Price History

Jesus Yerena Delgado

Agent
Price $9,800,000
MLS#2175749
List Date 04/17/2025
Property Type Commercial
Phone 801.915.1385
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Request Info
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