www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
33327283
33327282

2 Locations

AB
ID ID SP52309
TOK Commercial
MK
ID AB19763
TOK Commercial
Listed by TOK Commercial
Unpriced
8 days on market
Updated 8 days ago

Camelot Estates & Circle Inn Manufactured Housing Community

Details
Property Type Industrial, Mobile Home Park
Sub Type Manufacturing
Pads 136
NOI $481,634
Occupancy 99%
Pro-Forma NOI $594,074
Acreage 19.880
Zoning C-2
Investment Type Value Add

Industrial

Marketing description

Camelot Estates & Circle Inn is a rare opportunity to acquire two adjacent manufactured housing communities totaling 136 spaces across nearly 20 acres in Chubbuck, Idaho. The communities are 99% occupied with approximately 99% tenant-owned homes, creating a stable, low-maintenance income stream. Significant value-add potential exists through continued rent growth toward market rates, operational efficiencies, and utility expense reductions. The property benefits from strong occupancy, city water and sewer services, and proximity to major retail, employment, and transportation corridors.

Camelot Estates & Circle Inn sits just north of Interstate 86 and minutes from Interstate 15, providing excellent regional connectivity. The community is surrounded by major retail destinations including Pocatello Square, Pine Ridge Mall, Walmart, Lowe's, Ross, Hobby Lobby, and numerous restaurants and service providers. The surrounding area features a population of more than 71,000 residents within a five-mile radius and average household incomes exceeding $88,000, supporting long-term demand for affordable housing.

Investment highlights

  • Two established manufactured housing communities located in Chubbuck, Idaho
  • 99% occupied
  • 99% tenant-owned homes
  • 1 park-owned home
  • Significant value-add opportunity: Below-market rent - $495 gross vs. $564/mo net market average; utilities: gross rents include water, sewer, and trash; known water leak: abnormally high usage
  • Rent increase effective 8.1.2026: $100 increase from $395 to $495/mo
  • 8 park financed homes: For sale at additional ~$140,000 unpaid principal balance
  • City water and sewer
  • Asphalt streets

Listing Contacts

AB
ID ID SP52309
TOK Commercial
MK
ID AB19763
TOK Commercial
Listed by TOK Commercial

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$481,634.00
$40,136.17/mo

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Andrew Boespflug
License
ID SP52309
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591