$ 749,900
-
$749,900
Price -
9
Bed -
5
Bath -
3,682
SqFt
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About the Listing 15725 - 751
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.
Listing Highlights
Status
Active
Days on Site
6
Property Type
Multi-Family
MLS ®
98975745
Year Built
2003
Total Square Footage
3,682
Lot/Acreage
0.8
County
Boise
Neighborhood
0 Not Applic.
School District
Horseshoe Bend School District #73
Elementary School
Horseshoe
Middle School
HorseShoJr
High School
Horseshoe Bend
Interior Details
- Bedrooms: 9
- Bathrooms: 5 Full
- Appliances: Disposal (Some Units), Stove/Range (All Units), Refrigerator (Some Units), Washer/Dryer (Some Units)
- Air Cond: Central Air,Some Units
- Heating: Electric,Forced Air
- Fireplaces:
- Floor: Laminate
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: City Service
Exterior Details
- Lot Description: 1/2 - .99 Acre,Irrigation,Partial,Wire,Sewer Connected,1 Acre or Less
- Garage Capacity: N/A
- Parking Spaces: 20
- Lot Dimensions: 206x120
- Zoning: Commercial
- Roof: Composition
- Others:
- Sewer:
Financial Details
- Tax Amount: $4,136
- Taxes w/Assessments: N/A
- Tax/Property ID: RPH0000034008A
- Tax Year: 2025
Payment Calculator
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Questions About..
109 Adams St. Horseshoe Bend, ID 83629
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