109 Adams St. Horseshoe Bend, ID 83629
Directions
Hwy 55, E on Adams St.
Price: $749,900
Beds: 9
Baths: 3
Garages:
Type: Other
Area: Horseshoe Bend - Idaho City - 1400
Land Size: 1/2 - .99 Acre, Irrigation
SqFt: 3682
Acres: 0.8
Subdivision: 0 Not Applic.
Year Built: 2003
Construction: Frame
Lot Size: 206x120 x 206x120
Includes
Air Conditioned: true
Water: City Service
Heating: Electric, Forced Air
Schools
School District: Horseshoe Bend School District #73
Sr High School: Horseshoe Bend
Jr High School: HorseShoJr
Grade School: Horseshoe
Contact for more details:
A-Team Consultants
1099 S Wells St #200, Meridian, ID 83642
Phone: 208.761.1735 Email: info@ateamboise.com
1099 S Wells St #200, Meridian, ID 83642
Phone: 208.761.1735 Email: info@ateamboise.com
Description
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.
Legal Description:
HSB SEC 34 TAX 429 HSB 5 MH HOOKUPS DUPLEX
HSB SEC 34 TAX 429 HSB 5 MH HOOKUPS DUPLEX
| Listing info for this property courtesy of Pipkin & Associates Information deemed reliable but not guaranteed. Buyer to verify all information. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s), shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. |












