ActiveMLS® 20260659
702 N Florence, Sandpoint, ID 83864 photo 1
702 N Florence, Sandpoint, ID 83864 photo 2
702 N Florence, Sandpoint, ID 83864 photo 3
702 N Florence, Sandpoint, ID 83864 photo 4
702 N Florence, Sandpoint, ID 83864 photo 5
702 N Florence, Sandpoint, ID 83864 photo 6
702 N Florence, Sandpoint, ID 83864 photo 7
702 N Florence, Sandpoint, ID 83864 photo 8
702 N Florence, Sandpoint, ID 83864 photo 9
702 N Florence, Sandpoint, ID 83864 photo 10
702 N Florence, Sandpoint, ID 83864 photo 11
702 N Florence, Sandpoint, ID 83864 photo 12
702 N Florence, Sandpoint, ID 83864 photo 13
702 N Florence, Sandpoint, ID 83864 photo 14
702 N Florence, Sandpoint, ID 83864 photo 15
702 N Florence, Sandpoint, ID 83864 photo 16
702 N Florence, Sandpoint, ID 83864 photo 17
702 N Florence, Sandpoint, ID 83864 photo 18
702 N Florence, Sandpoint, ID 83864 photo 19
702 N Florence, Sandpoint, ID 83864 photo 20
702 N Florence, Sandpoint, ID 83864 photo 21
702 N Florence, Sandpoint, ID 83864 photo 22
702 N Florence, Sandpoint, ID 83864 photo 23
Commercial
MLS® 20260659
$3,000,000
702 N Florence, Sandpoint, ID 83864
0.97 Acres 42,253 Sq.Ft.
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. 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.

Interior features
  • Additional featuresShed(s)
  • UtilitiesElectricity Connected
  • OutbuildingsShed(s)
  • Lot dimension0.97 Square Feet
  • Lot descriptionIn Town, Level, Corner Lot, Mature Trees
Exterior features
  • OutbuildingsShed(s)
  • Lot dimension0.97 Square Feet
  • Lot descriptionIn Town, Level, Corner Lot, Mature Trees

Ask About This Property

Interested in this property? Reach out for details or to schedule a showing.

Location