Property
Horseshoe Bend, ID 83629 109 Adams St.
$749,900
8 more
Presented By: Pipkin & Associates - 208-866-5540
Beds • 9
Baths • 5
SQFT • 3,682
Home Details
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 ~$60,362 (8.05% cap at list price). City water/sewer, separately metered electricity, irrigation well. Located ~30 minutes north of Boise via Hwy 55. Assumable seller financing available (subject to approval). Financials and rent roll available upon request.Agent is a member of the LLC that owns the property and is related to the other owner.
Presented By: Pipkin & Associates - 208-866-5540
Interior Features for 109 Adams St.
Bedrooms
Total Bedrooms9
Bathrooms
Total Baths5
Other Interior Features
Above Grade Finished Area Unit TypeSquare Feet
Air Conditioning Y/NYes
Below Grade Finished Area Unit TypeSquare Feet
FlooringLaminate
Heating Y/NYes
Laundry FeaturesWasher/Dryer Hookups (All Units)
General for 109 Adams St.
AppliancesDisposal (Some Units)
Building Area UnitsSquare Feet
Cap Rate6.83
CityHorseshoe Bend
Construction MaterialsFrame
CoolingCentral Air
CountyBoise
Current Use5+ Units
DirectionsHwy 55, E on Adams St.
Electric321
Elementary SchoolHorseshoe
Elementary School DistrictHorseshoe Bend School District #73
FreeholdIDX
Gross Income67561
HOA Fee$
HeatingElectric
High SchoolHorseshoe Bend
High School DistrictHorseshoe Bend School District #73
LeasableAreaUnitsSquare Feet
Legal DescriptionHSB SEC 34 TAX 429 HSB 5 MH HOOKUPS DUPLEX
Listing TermsCash
Living Area UnitsSquare Feet
Lot Size Square Feet34848
Lot Size UnitsAcres
MLS AreaHorseshoe Bend - Idaho City - 1400
Middle/Junior High SchoolHorseShoJr
Middle/Junior School DistrictHorseshoe Bend School District #73
ModificationTimestamp2026-02-26T06:00:57.300Z
Net Operating Income51239
Number Of Units Total7
Operating Expense16322
OwnershipFee Simple
Property SubtypeOther
Property TypeResidential Income
RoofComposition
Standard StatusActive
StatusActive
Structure TypeMobile Home
Subdivision Name0 Not Applic.
Tax Annual Amount4136
Tax Year2025
Total Actual Rent5745
UtilitiesSewer Connected
Year Built2003
Zoning DescriptionCommercial
Exterior for 109 Adams St.
Building Area Total3682
FencingPartial
Foundation DetailsCrawl Space
Lot Dimensions206x120
Lot Features1/2 - .99 Acre
Lot Size Acres0.8
Lot Size Area0.8
Total Parking20
Water SourceCity Service
Additional Details
Price History
Schools
Middle School
HorseShoJr Middle School
High School
Horseshoe Bend High School
Elementary School
Horseshoe Elementary School
