Listed by Kiemle Hagood
$2,750,000
Waterfront Multi-Family
Details
APN RP0023401001D0A
Property Type Multifamily
Sub Type Apartment Building
Square Footage 8,346
Units 5
Price per SqFt $330
Buildings 2
Stories 2
Acreage 0.950
Zoning Recreational
Multifamily | Fourplex & Cabin
Marketing description
This nearly completed 4-unit waterfront property is an amazing value-add opportunity! At approximately .95 acres and 95 feet of waterfrontage, this recreationally zoned property allows for short term rentals or full time living. Two units are ready for carpet and final trim work, the other two are drywalled and painted, ready for cabinets and finish work. Besides the 4 new units, there is a charming old 3-bedroom, 2-bath cabin on the property. A short 15-minute bike ride gets you across the long bridge to Powder Hound Pizza and all the other fun in downtown Sandpoint!
Investment highlights
- Located in one of North Idaho’s fastest-growing recreational corridors
- Benefiting from year-round tourism tied to Sandpoint’s surging economy
- High demand for waterfront lodging and short-term accommodations
- Premier waterfront with frontage
- Diversified income streams
- Multi-Building property offering potential for long or short term rental positioning
- Easy access to downtown Sandpoint, Schweitzer Mountain Resort, U.S. 95, and regional amenities
- Strong year-round draw from boating, skiing, hiking, and regional events
Listing Contacts
Listed by Kiemle Hagood
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