5405 E Grove AVE, Athol, ID 83801 (MLS# 26-5443)

5405 E Grove AVE, Athol, ID 83801

$2,650,000
Property Type: Commercial Square Footage: 12,000 Lot Size (sq. ft.): 81,022 Status: Active
Current Price: $2,650,000 List Date: 5/29/2026 Last Modified: 6/04/2026

Overview

Description

Rare opportunity to acquire a 9 home workforce housing community situated on approximately 2.23 acres in Athol, Idaho. Unlike many traditional mobile home parks, ownership includes all 9 rental homes and 11 city lots. Property consists of 6 singlewide homes and 3 doublewide homes, all separately metered with tenants paying their own utilities, lawn care, and snow removal, helping keep operating expenses low. Each home includes a fenced yard and storage shed, creating more of a neighborhood feel than a typical park. Current gross rents total $15,000/month and the property is currently 100% occupied w/ established management in place and available to the next owner. Ownership has extensively updated the units over time, addressing deferred maintenance and improving overall condition. Includes 2 additional developable lots, offering future upside through expansion or resale. Financials available upon request. Please do not disturb tenants.

Listing Details MLS# 26-5443

Contract Information

Listing Type
Comm'l Bldg w/Land
Area
05 - NW Kootenai Co
Neighborhood Grid #
350
Begin Date
2026-05-28

General Property Description

Building Style
Single Level
Basement
No
Year Built
2000
New Construction
No
Total #/Bldgs
9
Total SqFt.
12000
ESTIMATED SqFt Source
Assessor
Lot Acres
1.86
Lot Type 1
Residential
Business Type
Mobile Home Park
Realtor.COM Type
Commercial

Legal and Taxes

Legal
BENNETTS 2ND ADD TO ATHOL, LTS 1,2,3,4,5,6 & 7 BLK 6 AND LTS 1,2,3,4 BLK 5
AIN/Tax Bill
338374
Parcel Number
A3999006003A
Zoning
RES
Directions
From CdA, N on 95, W on HWY 54, N on Past Time. Homes for sale are 5405, 5411, 5415, 5425, 5431, 5549, 5553, 5559, & 5563 E Grove Ave. The 2 extra city lots are on either side of 5405 E Grove Ave.
Taxes
10252.7
Tax Year
2025
Taxes Reflect 1
No Exemptions
Subdivision
N/A

Remarks

Public Remarks
Rare opportunity to acquire a 9 home workforce housing community situated on approximately 2.23 acres in Athol, Idaho. Unlike many traditional mobile home parks, ownership includes all 9 rental homes and 11 city lots. Property consists of 6 singlewide homes and 3 doublewide homes, all separately metered with tenants paying their own utilities, lawn care, and snow removal, helping keep operating expenses low. Each home includes a fenced yard and storage shed, creating more of a neighborhood feel than a typical park. Current gross rents total $15,000/month and the property is currently 100% occupied w/ established management in place and available to the next owner. Ownership has extensively updated the units over time, addressing deferred maintenance and improving overall condition. Includes 2 additional developable lots, offering future upside through expansion or resale. Financials available upon request. Please do not disturb tenants.

Address

Street Number
5405
Street Direction Pfx
E
Street Name
Grove
Street Suffix
AVE
State/Province
ID
Postal Code
83801
County
Kootenai

Miscellaneous

Sec
9
Twn
53N
Rng
03W
Rng Dir
WBM

More Information

Property Subject To

CC&Rs
No
BID
No
Non-Mtg Lien
No
LID
No
Flood Zone
No
Aircraft Flight Zone
No
Fire Protection Dist
Yes

Business Info

Inventory List Available?
Yes
Inventory Included in Sale Price?
Yes
Equipment Included in Sale Price?
All
Confidential from Employees?
Yes

Showing Instructions

Showing Service Name
None

View

City
Yes

Lot Features

Landscaped
Yes
Level
Yes
Southern Exposure
Yes

Interior Features

Central Air
Yes
High Speed Internet
Yes

Fencing

Back Yard
Yes
Cross Fenced
Yes

Exterior Features

Lawn
Yes

Other Structures

Barn(s)
Yes
Shed(s)
Yes

Terms Considered

1031 Exchange
Yes
Cash
Yes
Conventional
Yes
Private Financing Available
Yes

Road

Paved
Yes
Public Maintained Road
Yes

Water

City
Yes

Common Walls

No Common Walls
Yes

Sewer

Septic Tank
Yes

Fuel

Electric
Yes
Natural Gas
Yes

Heating

Baseboard
Yes
Cadet
Yes
Forced Air
Yes
Furnace
Yes
Stove - Gas
Yes

Basement

Crawl Space
Yes

Foundation

Block
Yes
Metal
Yes
Pier Block
Yes
Treated Wood
Yes

Construction

Manufactured
Yes

Exterior

Aluminum Siding
Yes
T1-11
Yes

Roof

Comp Shingle
Yes
Rolled Rubber
Yes

Property Features

Lot Features: Landscaped; Level; Southern Exposure Fencing: Back Yard; Cross Fenced Interior Features: Central Air; High Speed Internet Exterior Features: Lawn Common Walls: No Common Walls Fuel: Electric; Natural Gas Heating: Baseboard; Cadet; Forced Air; Furnace; Stove - Gas Other Structures: Barn(s); Shed(s) Basement: Crawl Space Construction: Manufactured Foundation: Block; Metal; Pier Block; Treated Wood Exterior: Aluminum Siding; T1-11 Roof: Comp Shingle; Rolled Rubber Road: Paved; Public Maintained Road Sewer: Septic Tank Terms Considered: 1031 Exchange; Cash; Conventional; Private Financing Available
Listing Office: REAL BROKER LLC
Last Updated: June - 04 - 2026
Information displayed on this website on listings other than those of the website owner is displayed with permission of the Coeur d'Alene MLS and Broker/Participants of the Coeur d'Alene MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is from sources deemed reliable but is not guaranteed. Prospective buyers should verify information independently. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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