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.
2 homes in one that has been completely updated through out with high end finishes. Quality & craftsmanship shines throughout. Custom cabinetry, modern finishes, premium appliances. Escape to your own private retreat nestled in the hills with stunning view of the surrounding mountains. This home provide two full kitchens and private living spaces. Perfect for multi family living, an amazing guest space or short term rental. You will enjoy peaceful mornings, golden sunsets and star fill nights. With a large front porch perfect for entertaining or just relaxing. With the large lot and additional tool sheds this is the perfect home for gardening, chickens and more. Privacy, luxury and location, homes like these rarely come along
Horseshoe Bend is located in Idaho. Horseshoe Bend, Idaho has a population of 802. Horseshoe Bend is more family-centric than the surrounding county with 25.95% of the households containing married families with children. The county average for households married with children is 25.73%.
The median household income in Horseshoe Bend, Idaho is $46,765. The median household income for the surrounding county is $64,125 compared to the national median of $69,021. The median age of people living in Horseshoe Bend is 40.1 years.
The average high temperature in July is 90.4 degrees, with an average low temperature in January of 21.8 degrees. The average rainfall is approximately 17.2 inches per year, with 31.9 inches of snow per year.
