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615 W Idaho Ave 16 Unit Mobile Home Park $1,950,000 ($121,875/Unit) Homedale, ID 83628
Investment Highlights
- Fully operational asset with city services (water/sewer/trash) provided by the City of Homedale.
- Currently zoned R (Residential), providing a clear and compatible framework for ongoing multifamily operations.
- Prime frontage on W. Idaho Ave., offering easy access to local amenities, schools, and the Snake River recreation corridor.
- Positioned in the growing Treasure Valley, capturing spillover demand from higher-cost Canyon and Ada County markets.
Executive Summary
THE OPPORTUNITY
• A fully operational 16-unit mobile home park offering immediate, consistent cash flow within a high-demand Idaho submarket.
• An ideal entry point into the Boise-Nampa Metropolitan Area, capturing the westward "path of progress" and residential expansion.
• Positioned for long-term appreciation with operational upside, capitalizing on the Treasure Valley’s rapid population growth and shifting demographics.
STRATEGIC LOCATION & DEMOGRAPHICS
• Located in Homedale, a vital hub for Owyhee County that serves as a primary destination for the region's workforce housing needs.
• Situated within walking distance of Homedale City Park, local retail centers, and the scenic Snake River recreation corridor.
• Strategically located to absorb overflow tenant demand from the higher-cost Ada and Canyon County rental markets.
SUPERIOR ASSET COMPOSITION
• A 16-unit configuration situated on a ± 1.58-acre parcel, providing a rare balance of density and land-to-building ratio.
• Fully stabilized operations with all essential city services (Water/Sewer/Trash) provided by the City of Homedale.
• Currently Zoned R (Residential), ensuring a compatible and clear framework for continued high-performing multifamily operations
*Buyer to verify building SF.
• A fully operational 16-unit mobile home park offering immediate, consistent cash flow within a high-demand Idaho submarket.
• An ideal entry point into the Boise-Nampa Metropolitan Area, capturing the westward "path of progress" and residential expansion.
• Positioned for long-term appreciation with operational upside, capitalizing on the Treasure Valley’s rapid population growth and shifting demographics.
STRATEGIC LOCATION & DEMOGRAPHICS
• Located in Homedale, a vital hub for Owyhee County that serves as a primary destination for the region's workforce housing needs.
• Situated within walking distance of Homedale City Park, local retail centers, and the scenic Snake River recreation corridor.
• Strategically located to absorb overflow tenant demand from the higher-cost Ada and Canyon County rental markets.
SUPERIOR ASSET COMPOSITION
• A 16-unit configuration situated on a ± 1.58-acre parcel, providing a rare balance of density and land-to-building ratio.
• Fully stabilized operations with all essential city services (Water/Sewer/Trash) provided by the City of Homedale.
• Currently Zoned R (Residential), ensuring a compatible and clear framework for continued high-performing multifamily operations
*Buyer to verify building SF.
Property Facts
| Price | $1,950,000 | Building Class | C |
| Price Per Unit | $121,875 | Lot Size | 1.58 AC |
| Sale Type | Investment | Building Size | 16,000 SF |
| No. Units | 16 | Average Occupancy | 0% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Manufactured Housing/Mobile Home | Year Built | 1988 |
| Zoning | R | ||
| Price | $1,950,000 |
| Price Per Unit | $121,875 |
| Sale Type | Investment |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 1.58 AC |
| Building Size | 16,000 SF |
| Average Occupancy | 0% |
| No. Stories | 1 |
| Year Built | 1988 |
| Zoning | R |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | AM040001002A | Improvements Assessment | $293,570 |
| Land Assessment | $67,400 | Total Assessment | $360,970 |
Property Taxes
Parcel Number
AM040001002A
Land Assessment
$67,400
Improvements Assessment
$293,570
Total Assessment
$360,970
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