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Building B 788 S Broadway St 38 Unit Apartment Building $13,568,393 CAD ($357,063 CAD/Unit) 6% Cap Rate Blackfoot, ID 83221
Investment Highlights
- Single-family rents grow from $1,232/month (2025) to $1,545/month (2027)
- Apartments and commercial units have built-in escalators
Executive Summary
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Freezer
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Detector
About 788 S BROADWAY ST , BLACKFOOT, ID 83221
Introducing an exceptional investment opportunity in the rapidly growing Southeast Idaho market—this diversified income-generating asset package includes 38 high-demand single-family units, 40 fully occupied storage units, a cash-flowing laundromat, three well-leased apartments, and a commercial building with two stable tenants (including the Humane Society). With 2025 projected Net Operating Income at $487,179 and climbing to $582,249 by 2027, the portfolio currently supports a strong 6% cap rate on a $9.8M valuation, with future upside as rents increase across the board. Investors will also benefit from a $5M cost segregation opportunity, providing an estimated first-year depreciation deduction of $3.4M and a real tax savings of over $1.2M at a 35% tax rate—capitalizing on the potential continuation of bonus depreciation under favorable legislation. This turnkey asset is AppFolio-managed, HUD-financiable, and already producing over $57K in monthly gross rents, offering both immediate cash flow and significant long-term appreciation.
Property Taxes
| Parcel Number | RP1069601 | Total Assessment | $1,091,494 CAD (2025) |
| Land Assessment | $302,312 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $789,182 CAD (2025) | Tax Year | 2026 |
Property Taxes
Presented by
Building B | 788 S Broadway St
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