Sale Summary
LYONS MOBILE HOME PARK
4115 W STATE STREET | BOISE, ID 83703
ANDREW BOESPFLUG
208 472 2853
C o l l i e r s I n t e r n a t i o n a l I d a h o | 7 5 5 We s t F ro n t S t re e t , S u i t e 3 0 0 B o i s e , I d a h o 8 3 7 0 2 | w w w . c o l l i e r s . c o m / i d a h o | 2 0 8 3 4 5 9 0 0 0
LYONS MOBILE
HOME PARK
Investment Summary
Profile
Acres:
1.24
Year Built:
1951
Number of Spaces:
18
Retail SF:
2,400
Parked Owned Homes:
13
Vacant Spaces:
1
Vacant Homes:
6
Price
$1,750,000
Allocation
MHP
RETAIL
TOTAL
Price
$1,266,622
$484,087
$1,750,000
Size (Spaces / SF)
18
2,400
$ / size (spaces / SF) $70,368
$202
% of Income
72%
28%
Cap Rate
6.00%
7.50%
6.41%
Highlights
»
18 space mobile home park; 16 MH lots, 1 commercial lot and 1 stick built home
»
13 park owned homes also available
»
Significant depreciation tax benefits, excellent cashflow
»
Inquire for additional details
»
Vacant sites master leased; renovated homes to be sold separately by seller
»
2,400 SF two tenant retail building (100% occupied)
»
Excellent visibility along primary arterial; 38,298 vpd (2016)
»
Close in Boise location
»
In August 2020, BusinessInsider.com named us #1 Fastest Growing State
in America
»
Walking distance to grocery (Albertson’s), parks (Veteran’s Memorial),
greenbelt and along multiple bus lines
LYONS MOBILE
HOME PARK
C o l l i e r s I n t e r n a t i o n a l I d a h o | 7 5 5 We s t F ro n t S t re e t , S u i t e 3 0 0 B o i s e , I d a h o 8 3 7 0 2 | w w w . c o l l i e r s . c o m / i d a h o | 2 0 8 3 4 5 9 0 0 0
LYONS MOBILE
HOME PARK
LYONS MOBILE
HOME PARK
Location
CLICK ON THE FOLLOWING LINKS:
Google Map
Street View
C o l l i e r s I n t e r n a t i o n a l I d a h o | 7 5 5 We s t F ro n t S t re e t , S u i t e 3 0 0 B o i s e , I d a h o 8 3 7 0 2 | w w w . c o l l i e r s . c o m / i d a h o | 2 0 8 3 4 5 9 0 0 0
LYONS MOBILE
HOME PARK
Demographics
Site
1 Mile
3 Miles
5 Miles
10 Min Drive
POPULATION
2020 Estimated Population
12,261
85,632
187,612
91,188
2025 Projected Population
14,370
98,487
215,206
104,650
2010 Census Population
12,108
79,044
172,761
83,722
Projected Annual Growth ‘20-‘25
3.4%
3.0%
2.9%
3.0%
HOUSEHOLD
2020 Estimated Households
5,693
40,259
84,965
42,895
2025 Projected Households
6,513
45,366
95,391
48,250
2010 Census Households
5,343
35,150
68,690
34,659
Historical Annual Growth ‘00-‘20
0.5%
1.1%
1.2%
1.2%
INCOME
2020 Est. Average HH Income
$68,605
$81,457
$78,110
$82,571
2020 Est. Median HH Income
$57,966
$64,617
$64,574
$64,834
MISC.
2020 Median Home Value
*
$256,719
$277,800
$266,838
$278,849
2020 Median Rent
$835
$818
$842
$819
2020 Est. Median Age
38.2
39.1
38.5
39.3
2020 Average Travel Time to Work
17.3
17.1
16.9
17.2
2020 Est. Labor Population Age 16+
10,228
72,525
158,247
77,222
2020 Est. Total HH Expenditure
$306.7 M
$2.44 B
$5 B
$2.62 B
LYONS MOBILE
IDAHO
FACTS
HOME PARK
Area Overview
— Boise
Boise is Idaho’s largest city and the
anchor of the Treasure Valley where
nearly half of Idahoans reside. The city
has established a unique reputation
for a high quality of life, a prosperous
business community, a vibrant arts
& culture scene, and world re-known
recreation—in one unbeatable package.
LYONS MOBILE
HOME PARK
4115 W State Street
Boise, Idaho 83703
ANDREW BOESPFLUG
208 472 2853
[email protected]
Colliers International Idaho | 755 West Front Street, Suite 300 Boise, Idaho 83702 | www.colliers.com/idaho | 208 345 9000
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