109 Adams St.,Horseshoe Bend, ID 83629
Horseshoe Bend, ID 83629
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.
Details
| MLS # | 98975745 |
|---|---|
| Listing Type | For Sale |
| Style | Manufactured Home |
| Sub-Type | Resale |
| Status | Active |
| Year | 2003 |
| Days On Site | 185 |
| Listing Provided By | Pipkin & Associates | Chet Pipkin |
Features
| Bed(s) | 9 |
|---|---|
| Bath(s) | 5 |
| SQ Feet | 3,682 |
| Units | 7 |
| Zoning | Commercial |
| Acreage | 0.80 |
Interior
| Cooling | Central Air, Some Units |
|---|---|
| Cooling Yes / No | Yes |
| Heating | Electric, Forced Air |
| Heating Yes / No | Yes |
| Appliances | Disposal (Some Units), Stove/Range (All Units), Refrigerator (Some Units), Washer/Dryer (Some Units) |
| Laundry Features | Washer/Dryer Hookups (All Units) |
| Flooring | Laminate |
Exterior
| Roof | Composition |
|---|---|
| Foundation Details | Crawl Space |
| Lot Features | 1/2 - .99 Acre, Irrigation |
| Construction Materials | Frame |
| Fencing | Partial, Wire |
Utilities
| Utilities | Sewer Connected |
|---|---|
| Electric | 321, Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter, Unit 5 Separate Meter, Unit 6 Separate Meter, Unit 7 Separate Meter |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 4136 |
| Tax Legal Description | HSB SEC 34 TAX 429 HSB 5 MH HOOKUPS DUPLEX |
Area Information
| State | ID |
|---|---|
| County | Boise |
| City | Horseshoe Bend |
| Zip Code | 83629 |
| Area | Horseshoe Bend |
| School District | Horseshoe Bend School District # |
| Elementary School | Horseshoe |
| High School | Horseshoe Bend |
| Listing VS Median (in 83629) | |
Price: $749,900 low | high Med: $732,000 sqft: 3,682 low | high Med: 1,735 $ / sqft: $204 low | high Med: $422 On site: 185 low | high Med: 129 | |
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Learn More About This Property
| State | ID |
|---|---|
| County | Boise |
| City | Horseshoe Bend |
| Zip Code | 83629 |
| Area | Horseshoe Bend |
| School District | Horseshoe Bend School District # |
| Elementary School | Horseshoe |
| High School | Horseshoe Bend |
| Listing VS Median (in 83629) | |
Price: $749,900 low | high Med: $732,000 sqft: 3,682 low | high Med: 1,735 $ / sqft: $204 low | high Med: $422 On site: 185 low | high Med: 129 | |
