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For sale
    • $9,800,000

    788 S Broadway St, Blackfoot, ID 83221

    99beds
    38,800sqft
    : 
    $60,959/mo
    Get pre-qualified
    Multi Family
    Built in 2023
    -- sqft lot
    $-- Zestimate®
    $253/sqft
    $-- HOA

    What's special

    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.
    397 days
    |
    172
    |
    4
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Legacy Ranch Properties,

    Keller Williams Realty East Idaho,

    Kris Bertagnolli 208-520-8636,

    Keller Williams Realty East Idaho

    Source: SRMLS,MLS#: 2177736MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 99
      • Bathrooms: 82
      • Full bathrooms: 82
      Heating
      • Electric, Natural Gas, Separate Heat
      Cooling
      • Central Air
      Appliances
      • Included: Separate Water Heaters
      • Laundry: Coin Operated Laundry
      Features
      • Basement: None
      Interior area
      • Total structure area: 38,800
      • Total interior livable area: 38,800 sqft
      • Finished area above ground: 38,800
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Features
      • Entry location: All Units on Same Level
      Lot
      • Size: 4.28 Acres
      Details
      • Parcel number: RP1069601
      • Zoning description: General Zoning: Not Verified,Specific Zoning: Blackfoot-C3-Service Commercia

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Primary Exterior Material: Block, Primary Exterior Material: Brick, Primary Exterior Material: Hardboard/Composition, Primary Exterior Material: Vinyl Siding
      • Foundation: Slab
      • Roof: Architectural,Metal
      Condition
      • Existing
      • New construction: No
      • Year built: 2023

      Utilities & green energy

      • Electric: Idaho Power
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Additional Storage
      • Subdivision: Blackfoot-Bing
      HOA
      • Has HOA: No
      Location
      • Region: Blackfoot

      Financial & listing details

      • Price per square foot: $253/sqft
      • Tax assessed value: $788,350
      • Annual tax amount: $15,000
      • Date on market: 6/25/2025
      • Listing terms: Cash,Conventional,1031 Exchange
      • Inclusions: All Units Have Fridges And Stoves, 38 Manufactured Units Also Have Dishwashers.
      • Exclusions: Seller Personal Property
      • Tenant pays: Cable TV, Gas, Electricity, Sewer, Water

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/30/2026Listing removed$1,295
        Source: Zillow Rentals Report a problem
        1/8/2026Listed for rent$1,295
        Source: Zillow Rentals Report a problem
        12/30/2025Listing removed$1,295
        Source: Zillow Rentals Report a problem
        12/9/2025Listed for rent$1,295
        Source: Zillow Rentals Report a problem
        10/31/2025Listing removed$1,295
        Source: Zillow Rentals Report a problem
        7/16/2025Listed for rent$1,295
        Source: Zillow Rentals Report a problem
        4/17/2025Listed for sale$9,800,000$253/sqft
        Source: SRMLS #2175758 Report a problem
        2/18/2025Listing removed$1,295
        Source: Zillow Rentals Report a problem
        1/30/2025Listed for rent$1,295
        Source: Zillow Rentals Report a problem
        12/25/2024Listing removed$1,295
        Source: Zillow Rentals Report a problem
        12/10/2024Listed for rent$1,295
        Source: Zillow Rentals Report a problem
        11/24/2024Listing removed$1,295
        Source: Zillow Rentals Report a problem
        11/19/2024Listed for rent$1,295
        Source: Zillow Rentals Report a problem
        11/12/2024Listing removed$1,295
        Source: Zillow Rentals Report a problem
        10/28/2024Listed for rent$1,295
        Source: Zillow Rentals Report a problem
        10/11/2024Listing removed$1,295
        Source: Zillow Rentals Report a problem
        9/24/2024Listed for rent$1,295
        Source: Zillow Rentals Report a problem
        9/12/2024Listing removed$1,295
        Source: Zillow Rentals Report a problem
        8/26/2024Listed for rent$1,295
        Source: Zillow Rentals Report a problem
        8/8/2024Listing removed--
        Source: Zillow Rentals Report a problem
        1/9/2024Price change$1,295-13.7%
        Source: Zillow Rentals Report a problem
        12/19/2023Listed for rent$1,500
        Source: Zillow Rentals Report a problem
        12/14/2023Listing removed--
        Source: Zillow Rentals Report a problem
        11/23/2023Listed for rent$1,500
        Source: Zillow Rentals Report a problem
        11/23/2023Listing removed--
        Source: Zillow Rentals Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$18,367 +436.9%$788,350 +180.2%
        2024$3,421 +0%$281,380
        2023$3,419 -11.4%$281,380
        2022$3,861 +85.6%$281,380 +207.9%
        2021$2,080 +1.4%$91,400
        2020$2,051 -6%$91,400
        2019$2,183 +1%$91,400 +6.9%
        2018$2,162 +5.8%$85,500
        2017$2,044 +1.7%$85,500
        2016$2,010 $85,500
        2015$2,010 $85,500
        2014$2,010 $85,500
        2012-- --
        2011-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 83221

        Getting around

        54 / 100
        Somewhat Walkable
        46 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Riverbend Elementary
        • Middle: Mountain View Middle Scool
        • High: BLACKFOOT 55HS

        Source: SRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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