788 S Broadway Street

Blackfoot, ID 83221

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$9,800,000

Beds: 99
Baths: 82
Sqft: 38,800
On market: 353 days
Year: 2023
Lot: 4.28 ac
Type: Residential Income

Listed by Legacy Ranch Properties · Keller Williams Realty East Idaho

Schools

Elementary: Riverbend Elementary
Middle: Mountain View Middle Scool
High: Blackfoot 55HS

Assigned schools from the MLS listing. Confirm boundaries with the district before you write.

About this home

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

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Estimated payment

$59,017/mo

20% down · 6.75% · 30 yr · taxes & insurance included

Down payment20% · $1,960,000Rate6.75%

Principal & interest: $50,850
Est. property tax: $5,880
Est. insurance: $2,287

Local estimate, not a lender quote. Idaho Falls / Rexburg tax millage varies by parcel — we’ll run exact numbers on tour.

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