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- LoopNet Team
702 N Florence Ave
Sandpoint, ID 83864
17 Spot Mobile Park, Stable Income, Prime San · Multifamily Property For Sale
·
42,253 SF

Investment Highlights
- 12 contiguous city lots located in an opportunity zone
- 100% occupancy
- 17 Units - 9 owned
Property Facts
| No. Units | 17 | Lot Size | 0.97 AC |
| Property Type | Multifamily | Building Size | 42,253 SF |
| Property Subtype | Manufactured Housing/Mobile Home | Average Occupancy | 100% |
| Apartment Style | Garden | No. Stories | 1 |
| Building Class | C | Year Built/Renovated | 1980/2025 |
| Zoning | RM Opportuity Zone - residential multi family located in an opportunity zone | ||
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.97 AC |
| Building Size | 42,253 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1980/2025 |
| Zoning | RM Opportuity Zone - residential multi family located in an opportunity zone |
Amenities
Site Amenities
- 24 Hour Access
- Walking/Biking Trails
- Storage Space
About 702 N FLORENCE AVE , SANDPOINT, ID 83864
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.
Links
Property Taxes
| Parcel Number | RPS05-000-04013AA | Improvements Assessment | $109,760 |
| Land Assessment | $639,000 | Total Assessment | $748,760 |
Property Taxes
Listing ID: 39993986
Date on Market: 4/1/2026
Last Updated:
Address: 702 N Florence Ave, Sandpoint, ID 83864
The Bonner Multifamily Property at 702 N Florence Ave, Sandpoint, ID 83864 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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