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Investment Highlights

  • Two established manufactured housing communities located in Chubbuck, Idaho
  • Rent increase effective 8.1.2026: $100 increase from $395 to $495/mo
  • City water and sewer
  • 99% occupied tenant-owned home / 1 park-owned home
  • 8 park financed homes: For sale at additional ~$140,000 unpaid principal balance
  • Asphalt streets

Executive Summary

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

Property Facts

Sale Type Investment
No. Units 99
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Apartment Style Garden
Building Class C
Lot Size 19.88 AC
Building Size 100,000 SF
No. Stories 1
Year Built 1970
Zoning C-2 - Commercial

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 136 - -
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
RCCPC020700
Land Assessment
$372,700
Improvements Assessment
$510,838
Total Assessment
$883,538
  • Listing ID: 40805385

  • Date on Market: 6/5/2026

  • Last Updated:

  • Address: 330 W Chubbuck Rd, Chubbuck, ID 83202

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