$3,000,000
Sandpoint, ID 83864
MLS# 26-2887
42253 sqft
1 / 28
Property Description
Turnkey 17-space mobile home park in the heart of Sandpoint, offering immediate stability, full occupancy, and future upside. Owner-operated and meticulously maintained for over 30 years, this is a rare opportunity to acquire a clean, well-run park with a strong track record. The property includes 17 total units, with 9 owned units, and a reliable tenant base of long-term residents. The park is fully occupied, providing consistent in-place income with clear potential for increased returns. Situated on 12 contiguous city lots spanning approximately one acre, this property offers a unique blend of stability today and development potential for the future. Zoned RM (Residential Multi-Family), the site allows for increased density and expansion, giving investors the flexibility to continue operating as-is, improve for increased income, or explore redevelopment over time.
Details
Maps
Contract Information
Status: Active
Listing Type: Business, Bld & Land
Area: North (Bonner & Boundary)
Neighborhood Grid #: 440
Begin Date: 2026-04-01
List Price: $3,000,000
Short Sale: No
REO: No
General Property Description
Building Style: Single Level
Basement: No
Year Built: 1962
New Construction: No
Total #/Bldgs: 18
Total SqFt.: 42253
Bldg #2 Sq Ft: 500
ESTIMATED SqFt Source: Assessor
Lot Acres: 0.97
Lot Type 1: Duplex/Multi
Business Type: Mobile Home Park
Realtor.COM Type: Commercial
Legal and Taxes
Legal: Exhibit A
AIN/Tax Bill: RPS0500004013AA
Parcel Number: RPS0500004013AA
Zoning: Res Multifamily
Directions: Head north on US-95 into Sandpoint, turn left on W Pine St, right on N Florence Ave, left into mobile home park.
Taxes: 6558
Tax Year: 2025
Taxes Reflect 1: No Exemptions
Subdivision: West End
Remarks
Public Remarks: Turnkey 17-space mobile home park in the heart of Sandpoint, offering immediate stability, full occupancy, and future upside. Owner-operated and meticulously maintained for over 30 years, this is a rare opportunity to acquire a clean, well-run park with a strong track record. The property includes 17 total units, with 9 owned units, and a reliable tenant base of long-term residents. The park is fully occupied, providing consistent in-place income with clear potential for increased returns. Situated on 12 contiguous city lots spanning approximately one acre, this property offers a unique blend of stability today and development potential for the future. Zoned RM (Residential Multi-Family), the site allows for increased density and expansion, giving investors the flexibility to continue operating as-is, improve for increased income, or explore redevelopment over time.
Address
Street Number: 702
Street Direction Pfx: N
Street Name: Florence
Street Suffix: AVE
State/Province: ID
Postal Code: 83864
County: Bonner
Miscellaneous
Sec: 22
Twn: 57N
Rng: 02W
Rng Dir: WBM
Property Subject To
CC&Rs: Yes
BID: No
Non-Mtg Lien: No
LID: No
Flood Zone: Unknown
Aircraft Flight Zone: Unknown
Fire Protection Dist: Yes
Fire Protection Name: Sandpoint Fire
Business Info
Inventory List Available?: Yes
Inventory Included in Sale Price?: Yes
Equipment Included in Sale Price?: All
Years in Business: 30+
Confidential from Employees?: Yes
Architectural Style
Description: mobile homes
Exterior
Other: varies per unit
Showing Instructions
Showing Service Name: None
Property Features
Business Info: Non-Disclosure Agreement
View: Neighborhood; Territorial
Lot Features: Corner Lot; Level
Fencing: None
Interior Features: Storage
Exterior Features: Curbs; Lawn; Paved Parking
Common Walls: No Common Walls
Fuel: Electric
Heating: See Remarks
Other Structures: Shed(s); Storage; See Remarks
Basement: None
Construction: Mobile Home
Foundation: Block
Roof: Metal
Road: Paved; Public Maintained Road
Sewer: Public Sewer
Terms Considered: 1031 Exchange; Cash; Conventional; SBA; Seller Financing
Supplements
Additional features include on-site storage buildings, one equipped with water, sewer, and power--further supporting value-add opportunities.
Attractive seller financing terms are available, creating a compelling opportunity for buyers seeking flexible acquisition options and the ability to enhance overall returns.
Located within an Opportunity Zone, this asset presents potential tax advantages while positioning investors to benefit from continued growth in one of North Idaho's most sought-after markets. Assets combining full occupancy, scale, and redevelopment flexibility in this location are exceptionally rare.
Sandpoint continues to attract investors and residents alike with its proximity to Lake Pend Oreille and Schweitzer Mountain Resort, strong demand for housing, and limited in-town inventory. As population growth and housing demand remain steady, properties like this offer both immediate stability and long-term upside.
Listing Office: Keller Williams Realty - Sandpoint Branch
Last Updated: April - 30 - 2026
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Tuesday 5th of May 2026 01:43 PM
