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788 Broadway Street, 
Blackfoot, ID 83221

$9,800,000


99

Beds


82

Baths


38,800

Sq Ft


Multi-Family

Active

Listed by

Legacy Ranch Properties

, 

Kris Bertagnolli

Keller Williams Realty East Idaho

208-529-8888

Last updated:

September 19, 2026, 03:08 PM

MLS#

2177736

Source:

ID SRMLS

About This Home

788 Broadway Street

Slate Mountain Mobile Home Park is a fully stabilized, multi-income investment in one of Southeast Idaho's strongest growth corridors. Located at 788 S Broadway in Blackfoot, this turnkey asset includes 38 newly installed manufactured homes (2023 models), 40 self-storage units, 3 updated apartments, a leased laundromat, and a commercial building with two long-term tenants, including the Humane Society. All units are professionally managed via AppFolio with modern infrastructure, including paved roads, fiber internet, city utilities, and separate metering. The layout is community-focused, with dedicated parking, central green space, and thoughtful design that enhances tenant satisfaction and reduces wear. With a projected NOI of $582,249 by 2027 and rents steadily increasing, this property delivers a 6% stabilized cap rate at the $9.8M list price. A professionally engineered cost segregation study unlocks $3.4M in first-year accelerated depreciation—estimated at $1.2M in tax deductions—making this a tax-advantaged, cash-flowing opportunity ideal for 1031 buyers, private investors, or real estate funds seeking scalable, recession-resilient income in an emerging Idaho submarket.

Home Facts

Multi-Family

82 Baths

99 Bedrooms

Built in 2023

Subdivision & Development:

BLACKFOOT-BING

Price Summary

9,800,000

$252 per Sq. Ft.

MLS #:

2177736

Last Updated:

September 19, 2026, 03:08 PM

Added:

a year ago


Rooms & Interior

Bedrooms

Total Bedrooms:

99

Bathrooms

Total Bathrooms:

82

Full Bathrooms:

82

Interior

Living Area:

38,800 Sq. Ft.


Structure

Structure

Building Area:

38,800 Sq. Ft.

Year Built:

2023


Lot

Lot Size (Sq. Ft):

186,436


Finances & Disclosures

Finances

Price:

$9,800,000

Price per Sq. Ft:

$252 per Sq. Ft.

Source:ID SRMLS
The information being provided by Snake River Regional Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Snake River Regional Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.