Curious about this home?

Ask anything — no agents, no pressure

Try asking

About This Home

This 0-bedroom, 0-bathroom commercial at 788 S Broadway Street in Blackfoot, ID is listed for $9,800,000 ($253 per sqft). Built in 2023, the home offers 38,800 sqft of living space on a 4.28 acres lot.

Agent Description

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.

Key Features

  • Built in 2023
  • 4.28 acre lot

Property Details

2023

Amenities

A/C

Monthly Cost Estimate

$52,412/mo

20% down · 6.5% · 30 years

Principal$7,087
Interest$42,467
Insurance$2,858

Estimates only. Actual payments may vary.

Location

788 S Broadway Street

Blackfoot, ID 83221

Blackfoot-Bing

Property Details

Construction

Block Brick Hardboard/Composition Vinyl Siding

Heating

Natural GasElectric (Heating)

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 788 S Broadway Street is listed at $9,800,000 ($253/sqft). The estimated monthly payment is $42,467 based on 20% down at 6.5% interest.

Key features include: Built in 2023, 4.28 acre lot.

This property is listed by Legacy Ranch Properties and can be reached at 2085298888 or kris@legacyranchproperties.com.

Similar Homes in Blackfoot

View all
LP

Legacy Ranch Properties

Agent at Keller Williams Realty East Idaho

(208) 529-8888

Listed by Keller Williams Realty East Idaho

MLS# 2177735· Source: listhub· Updated today

Copyright © 2026 Snake River Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

788 S Broadway Street, Blackfoot, ID 83221

Open this listing in: