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434 E 9000 S , #15

Rexburg, ID 83440
  • $2,650,000
  • STATUS: Active
  • ON SITE: 272 Days
  • MLS #: 2150128
UPDATED: 47 min ago
$2,650,000
  • 0
    BEDS
  • 5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,864
    SQFT
  • $299
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1972
County:
Area:

School Ratings & Info

Description

Archer Acres manufactured home park is situated on 5 acres south west of Rexburg, close to the Snake River and other fun recreational sites like Kelly Canyon and Heise Hot Springs. There is room to expand. The owner has built up the park to 15 units and is currently working with the County to approve additional 25 RV spaces. This will be a huge boost to the already lucrative bottom line. 10 of the rental units are currently owned by the landlord and many of those have been renovated. This is a prime investment property with good cash flow. Seller has just secured the purchase of additional water rights for the expansion.

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© 2023 Information provided by Snake River Regional Multiple Listing Service (SNRRMLS) is deemed reliable but not guaranteed. Real estate listings held by brokerage firms other than Team One Group Real Estate are marked with the SNRRMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2023-06-02T17:23:26.233.
www.myteamone.com/homes/132772412
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434 E 9000 S , #15 Rexburg, ID 83440

  • Price: $2,650,000
  • Status: Active
  • On Site: 272 Days
  • Updated: 47 min ago
  • MLS #: 2150128
0
Beds
0
Baths
0
½ Baths
5
Acres
8,864
SQFT
$299
$/SQFT
1972
Built
Neighborhood:
None
County:
Madison
Area:
Rexburg
Property Description
Archer Acres manufactured home park is situated on 5 acres south west of Rexburg, close to the Snake River and other fun recreational sites like Kelly Canyon and Heise Hot Springs. There is room to expand. The owner has built up the park to 15 units and is currently working with the County to approve additional 25 RV spaces. This will be a huge boost to the already lucrative bottom line. 10 of the rental units are currently owned by the landlord and many of those have been renovated. This is a prime investment property with good cash flow. Seller has just secured the purchase of additional water rights for the expansion.
Exterior Features

Construction And Status Existing Exterior Primary Other-See RemarksMetal Exterior Secondary Other-See RemarksMetalHardboard/Composition Foundation Other Landscaping Established LawnEstablished Trees Location High Traffic Num Overhead Doors 1 Overhead Doors Yes Parking Other-See Remarks Roof Other Topography Setting FlatRural

Interior Features

Air Conditioning Other-See Remarks Basement None Heat Source And Type Other-See Remarks Sq Ft Above Grade 8864 Sq Ft Below Grade 0

Property Features

Association Fee Includes None Buildings 16 Business Name Archer Acres Covenants No Current Use Trailer/Rv Park Distressed Property Not Applicable Documents On File Other-See RemarksLeases Exclusions Personal Property Extras High Visibility Flood Plain U Handicap Access No Inclusions Oven/Ranges (10) Refrigerators (10) Owner Pays Trash CollectionGrounds CareWaterTaxesSewer Possible Use Trailer/Rv Park Prior Use Trailer/Rv Park Property Type Real Estate Only Provider Other Info BreakerRocky Mountain Power Sep Utilities Yes Sewer Community Sewer Short Term Rental YN No Sub Area Lyman Tax Year 2021 Taxes 5135.90 Tenant Pays GasElectricityInsurance Terms CashConventional1031 Exchange Water Community Well (5+) Winter Access YN Yes Zoning General Agricultural Zoning Specific Madison-Agricultural

Snake River Regional MLS logo Listing provided courtesy of Century 21 High Desert: 2085350350.
© 2023 Information provided by Snake River Regional Multiple Listing Service (SNRRMLS) is deemed reliable but not guaranteed. Real estate listings held by brokerage firms other than Team One Group Real Estate are marked with the SNRRMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2023-06-02T17:23:26.233.
 
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Team One Group Real Estate
1303 12th Avenue South
Nampa ID, 83651