REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Patricia Bell

patricia.bell@lptrealty.com +1(208) 586-1605

Listed by Chet Pipkin • Pipkin & Associates

$ 749,900

Est. payment | -/mo

9 Beds

5 Baths

3,682 SqFt

Save

$ 749,900

Est. payment | -/mo

Save

9 Beds

5 Baths

3,682 SqFt

Key Details

Property Type Single Family Home

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 3,682 sqft

Price per Sqft $203

Subdivision 0 Not Applic.

MLS Listing ID 98975745

Style Mobile Home

Bedrooms 9

HOA Y/N No

Year Built 2003

Annual Tax Amount $4,136

Tax Year 2025

Lot Size 0.800 Acres

Acres 0.8

Property Sub-Type Other

Source IMLS 2

Property Description

Assumable Seller Financing | Duplex + 5-Space MHP (7 Income Streams) Duplex and five-space manufactured housing property on ~0.80 acres in Horseshoe Bend. Income includes (2) 2 bed / 1 bath duplex units (built 2002), (2) park-owned homes (home + pad rent), and (3) tenant-owned homes paying lot rent. Current Performance: $67,561 EGI (2% vacancy), $50,896 NOI, 6.79% cap rate. Historically minimal vacancy with several long-term residents. Upside: Approximately $9,600+ in documented rent upside as below-market leases renew, supporting potential NOI of ~$60,362 (8.05% cap at list price). City water/sewer, separately metered electricity, irrigation well. Located ~30 minutes north of Boise via Hwy 55. Assumable seller financing available (subject to approval). Financials and rent roll available upon request.Agent is a member of the LLC that owns the property and is related to the other owner.

Location

State ID

County Boise

Area Horseshoe Bend - Idaho City - 1400

Zoning Commercial

Direction Hwy 55, E on Adams St.

Interior

Heating Electric, Forced Air

Cooling Central Air, Some Units

Flooring Laminate

Fireplace No

Appliance Disposal (Some Units), Stove/Range (All Units), Refrigerator (Some Units), Washer/Dryer (Some Units)

Laundry Washer/Dryer Hookups (All Units)

Exterior

Fence Partial, Wire

Community Features 5+ Units, Mobile Home Park

Utilities Available Sewer Connected

Roof Type Composition

Total Parking Spaces 20

Building

Lot Description 1/2 - .99 Acre, Irrigation

Faces Hwy 55, E on Adams St.

Foundation Crawl Space

Water City Service

Structure Type Frame

New Construction No

Schools

Elementary Schools Horseshoe

High Schools Horseshoe Bend

School District Horseshoe Bend School District #73

Others

Senior Community No

Tax ID RPH0000034008A

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(208) 586-1605

patricia.bell@lptrealty.com

1303 12th Ave S, Nampa, ID 83651, USA

Learn More About LPT Realty

109 Adams St. Horseshoe Bend, ID 83629