208-284-9946
330 W Chubbuck Rd, Chubbuck, ID for Sale
Manufactured Housing/Mobile Housing - FOR SALE
1/13
null | Request Cap Rate

330 W Chubbuck Rd
Chubbuck, ID 83202


HIGHLIGHTS

  • Two established manufactured housing communities located in Chubbuck, Idaho
  • 99% occupied tenant-owned home / 1 park-owned home
  • Significant value-add opportunity: Below-market rent - $495 gross vs. $564/mo net market average. Utilities: gross rents include water, sewer, & trash
  • Rent increase effective 8.1.2026: $100 increase from $395 to $495/mo
  • 8 park financed homes: For sale at additional ~$140,000 unpaid principal balance
  • City water and sewer. Asphalt streets

OVERVIEW

Camelot Estates & Circle Inn is a rare opportunity to acquire two adjacent manufactured housing communities totaling 136 spaces across nearly 20 acres in Chubbuck, Idaho. The communities are 99% occupied with approximately 99% tenant-owned homes, creating a stable, low-maintenance income stream. Significant value-add potential exists through continued rent growth toward market rates, operational efficiencies, and utility expense reductions. The property benefits from strong occupancy, city water and sewer services, and proximity to major retail, employment, and transportation corridors. Significant value-add opportunity: Below-market rent - $495 gross vs. $564/mo net market average; utilities: gross rents include water, sewer, and trash; known water leak: abnormally high usage

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

99

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Camelot and Circle Inn Mobile Home Parks

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

19.88 AC

LAND SF

865,973 SF

ZONING

C-2

APN/PARCEL ID

MHCCA000103,MHCCI000401,RCCPC020700

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208-284-9946

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208-284-9946

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