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Maple Hills Manufactured Housing Community 445 S Maple Grove Rd 28 Unit Mobile Home Park $3,500,000 ($125,000/Unit) 5.49% Cap Rate Boise, ID 83709
Investment Highlights
- Offers reviewed on march 3rd!
- 100% occupied, $750 per month rent effective 5/1/2026 (noticed 1/29/2026)
- City water and sewer, Asphalt street
- Boise proper location
- 100% tenant-owned homes. One park-financed home (for sale at an additional $32,000 unpaid principal balance)
- Potential for a 29th space
Executive Summary
Maple Hills Manufactured Housing Community is a stabilized, all-age mobile home park located in Boise, Idaho. The property consists of 28 tenant-owned homes situated on 4.82 acres, offering immediate cash flow with 100% occupancy. With city utilities, asphalt streets, and strong in-place rents, Maple Hills presents an attractive opportunity for investors seeking long-term stability in a supply-constrained Boise submarket. Additional upside exists through the potential development of a 29th space.
$750 per month rent effective 5/1/2026 (noticed 1/29/2026)
Potential for a 29th space.
$750 per month rent effective 5/1/2026 (noticed 1/29/2026)
Potential for a 29th space.
Property Facts
| Price | $3,500,000 | Apartment Style | Garden |
| Price Per Unit | $125,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 4.82 AC |
| Cap Rate | 5.49% | Building Size | 938 SF |
| No. Units | 28 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Manufactured Housing/Mobile Home | Year Built | 1965 |
| Zoning | R2 - Residential Compact | ||
| Price | $3,500,000 |
| Price Per Unit | $125,000 |
| Sale Type | Investment |
| Cap Rate | 5.49% |
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 4.82 AC |
| Building Size | 938 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1965 |
| Zoning | R2 - Residential Compact |
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Property Taxes
| Parcel Number | MARTI741401 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $47,800 |
Property Taxes
Parcel Number
MARTI741401
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$47,800
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Maple Hills Manufactured Housing Community | 445 S Maple Grove Rd
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