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429 Idaho 39
Blackfoot, ID 83221
Asking Price
$2.30M
Asset Type
Mobile-home-park
Class
Class B
What's Special
8 ACRE MOBILE HOME PARK - 55 Spaces <p><strong style="color: rgba(33, 37, 41, 1)">55 SPACE- MOBILE HOME PARK ON 8 ACRES. GREAT INVESTMENT!</strong><span style="color: rgba(33, 37, 41, 1)"> Property is approx. 2 miles west of Blackfoot, Idaho in Bingham County and sits between Highway 39 and the Snake River. City sewer services (Groveland District). All updated sewer lines with ABS. Private well. Additional building to store the newer John Deere riding lawnmower, golf cart, tractor and other equipment. Storage shed/box. Each space
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NOI
$80,000
Cap Rate
3.48%
DSCR
0.59
Underwater
Cash-on-Cash
-8.20%
Monthly Payment
$11,379.145
Annual Cash Flow
$-56,549.741