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Blackfoot, ID 83221 788 S Broadway St

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Presented By: Kristoffer Bertagnolli with Keller Williams Realty East Idaho.
  • MLS# 578948
  • 04/17/2025
  • Request Tour
  • Request Info
  • Baths • 44
  • 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: Kristoffer Bertagnolli with Keller Williams Realty East Idaho.

Interior Features for 788 S Broadway St

Other Interior Features

Above Grade SQFT38800
Below Grade SQFT
Primary Heat TypeForced Air

Other Rooms

Offices44

General for 788 S Broadway St

Agent First NameKristoffer
Agent Last NameBertagnolli
AreaBlackfoot
Associated Document Count5
Bathrooms44
CityBlackfoot
ClassCOMMERCIAL/INDUSTRIAL
ConstructionConcrete Block, Frame, Modular
Construction StatusExisting
CoolingCentral
CountyBingham
DOM11
DirectionsHwy 91 to address
ExtrasCommon Area
HOA Dues (Y/N)No
HOA Fee IncludesNone
HeatingGas
Legal DescriptionExhibit A
Listing Agent2760
LocationHighway Access
OccupantNameSlate Mountain Mobile Home Park
OwnerPaysCommons Area Maint., Insurance, Lawn Care, Property Taxes, Snow Removal, Trash Removal
Postal Code83221
Present UseOffice, Other
Price Per Sq Ft Total AG252.58
Primary CityBlackfoot
RoofArchitectural
Sale/RentFor Sale
StatusActive
StatusACTIVE
Status Detail0
Stories1
SubdivisionID
Tax Year2024
Taxes$15,000
Tenant PaysCable TV, Gas, Electric, Sewer, Water
TermsCash, Conventional
TopographyFlat
Total SQFT38800
TypeBusiness w/Real Estate
Virtual TourClick here
Year Built2023
ZoningCommercial General

Exterior for 788 S Broadway St

Acres4.28
Domestic WaterCity/Public Water
ExteriorBlock, Brick, Hardboard/Composition, Vinyl
FoundationSlab on Grade
LandscapingEstablished Lawn
Number of Buildings41

Additional Details

Price History

Jesus Yerena Delgado

Agent
Price $9,800,000
MLS#578948
List Date 04/17/2025
Property Type Commercial
Phone 801.915.1385
Request Tour
Request Info
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