615 W Idaho Ave - Manufactured Housing/Mobile Housing FOR SALE


Homedale, ID 83628
$1,950,000 USD
208-995-9823
615 W Idaho Ave, Homedale, ID for Sale
$1,950,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/9
null | Request Cap Rate

615 W Idaho Ave
Homedale, ID 83628


HIGHLIGHTS

  • Fully operational asset with city services (water/sewer/trash) provided by the City of Homedale.
  • Prime frontage on W. Idaho Ave., offering easy access to local amenities, schools, and the Snake River recreation corridor.
  • Currently zoned R (Residential), providing a clear and compatible framework for ongoing multifamily operations.
  • Positioned in the growing Treasure Valley, capturing spillover demand from higher-cost Canyon and Ada County markets.

OVERVIEW

THE OPPORTUNITY • A fully operational 16-unit mobile home park offering immediate, consistent cash flow within a high-demand Idaho submarket. • An ideal entry point into the Boise-Nampa Metropolitan Area, capturing the westward "path of progress" and residential expansion. • Positioned for long-term appreciation with operational upside, capitalizing on the Treasure Valley’s rapid population growth and shifting demographics. STRATEGIC LOCATION & DEMOGRAPHICS • Located in Homedale, a vital hub for Owyhee County that serves as a primary destination for the region's workforce housing needs. • Situated within walking distance of Homedale City Park, local retail centers, and the scenic Snake River recreation corridor. • Strategically located to absorb overflow tenant demand from the higher-cost Ada and Canyon County rental markets. SUPERIOR ASSET COMPOSITION • A 16-unit configuration situated on a ± 1.58-acre parcel, providing a rare balance of density and land-to-building ratio. • Fully stabilized operations with all essential city services (Water/Sewer/Trash) provided by the City of Homedale. • Currently Zoned R (Residential), ensuring a compatible and clear framework for continued high-performing multifamily operations *Buyer to verify building SF.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$122 USD /SF

# OF UNITS

16

PRICE/UNIT

$121,875

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.58 AC

LAND SF

68,825 SF

ZONING

R

APN/PARCEL ID

RPAM040001002A

ASK ABOUT THIS PROPERTY

Parker BrakebillLee & Associates Idaho, LLCMore Info
208-995-9823

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Parker BrakebillLee & Associates Idaho, LLCMore Info
208-995-9823

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.