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$9,800,000
2177735 MLS
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.

788 S Broadway St, Blackfoot

$990,000
4 Beds 3 Baths 2179690 MLS
Seller is adding on $30,000 in seller concessions. Buyers can use it for an interest rate buydown, closing costs, or a painting allowance. Nestled near the Greenbelt and Snake River, this meticulously crafted 2006 home blends elegance, comfort, and functionality. With expansive living areas, a full basement, and an extraordinary hobbyist shop, this property is perfect for those who value space, craftsmanship, and lifestyle. Inside, the 4-bedroom, 2.5- bath home welcomes you with rich cherry wood floors, custom cabinetry, and an open concept layout designed for both everyday living and entertaining. A built-in central vacuum, upgraded HVAC, and abundant storage ensure convenience. The master retreat offers a soaking tub and walk-in closet, while the full basement provides flexible space for a gym, game room, or extra storage. Step outside to a private backyard sanctuary featuring mature trees, grapevines, and a lush garden. The oversized Trex deck and patio are ideal for gatherings, and the fully fenced yard keeps pets safe. An attached 3 - car garage with custom cabinetry adds organization and functionality. For hobbyists and collectors, the 52 x 76 heated shop ( nearly 4000 sq ft ) is unmatched. Designed with 4 insulated bays.

183 W 265 N, Blackfoot