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), $51,240 NOI, 6.83% 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 ~$60,306 (8.04% 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.

Features
Heating:
Forced Air, Electric
Cooling:
Central air, Some Units
Total Parking:
20
Appliances
Refrigerator:
Some units
Stove/Range:
All units
Washer/Dryers:
Some units
Washer/Dryer Hookups:
All units
Address Map
Country:
US
State:
ID
County:
Boise
City:
Horseshoe Bend
Zipcode:
83629
Street:
109 Adams St.
Longitude:
W117° 48' 6.9''
Latitude:
N43° 54' 23.8''
Schools
School District:
Horseshoe Bend School District #
Elementary School:
Horseshoe
Middle School:
HorseShoJr
High School:
Horseshoe Bend
Additional Details
Status:
New
Type:
Other
Tax Year:
2025
Taxes:
$4,136
Potential Short Sale:
No
Unit count:
7
Age:
21-30 Years
Auction:
No
Flood Ins Required:
No
In Foreclosure:
No
Land Size:
1/2 - .99 Acre
Home Owner Exempt:
No
HOA Frequency:
Not Applicable
Irrigation District:
Hill Creek- Payette River
Electric:
321
Construction:
Frame, Mobile home, Foundation - Crawl Space
Roof:
Composition shingle
Lot Features:
Irrigation
Water:
City service
Waste Disposal System:
Some Units
Land Use:
5+ units, Mobile home park

Residential Income For Sale

109 Adams St., Horseshoe Bend, Idaho 83629

2 Bedrooms
1 Bathrooms
3,682 SqFt
Visits : 3 in 1 days
$749,900
Listing ID #98975745
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Listing ID :
98975745
Price :
$749,900
Bedrooms :
2
Bathrooms :
1
Apx SqFt :
3,682 SqFt
Year Built :
2003
Lot Area :
0.80 SqFt
Days on Market :
1
Subdivision :
0 Not Applic.
Update Date :
02/24/2026 00:03:52
Status :
Active
Agent info
Contact Agent
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