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.

Key Features

  • Built in 2023
  • 4.28 acre lot

Property Details

2023

Amenities

A/C
Listing 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.

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

Electric (Heating)Natural Gas

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 $52,412 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

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

This property is listed by Legacy Ranch Properties and can be reached at 2085298888.

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· Listed 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

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