606 Yellowstone AveSilverton, ID 83867

Property Details for 606 Yellowstone Ave

Lot size

4.10 AC

Property type

Investment properties

Description

This exceptional investment opportunity presents a thriving 21-site mobile home park situated on a spacious 4.1-acre lot in Silverton, Idaho. Priced at $1,200,000, this property boasts a strong 7% capitalization rate, offering immediate returns for the savvy investor. The park's current configuration provides a solid foundation for continued income generation, while the expansive acreage presents significant potential for expansion or redevelopment. Imagine adding more mobile home sites, constructing multi-family units, or exploring other residential development options to further enhance profitability. The property benefits from convenient access to city water and sewer services, as well as natural gas, ensuring efficient and cost-effective operations. Its prime location between Lookout Pass and Silver Mountain ski resorts, coupled with proximity to paved bike trails and numerous ATV trails, adds significant appeal to residents and enhances the property's overall value. Just one mile from the historic town of Wallace, Idaho, and with I-90 visibility, this property enjoys excellent exposure and accessibility. This is a rare chance to acquire a well-established, income-producing asset with substantial upside potential in a desirable location. The existing infrastructure and strategic location combine to create a compelling investment opportunity with strong long-term growth prospects. Don't miss this chance to secure a piece of Idaho's thriving real estate market.

Location Insight

City

Silverton

County

Shoshone

State

Idaho

Latitude

47.492

Longitude

-115.965

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