Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Mobile Home Park Details
- Cap Rate: 13.0%
- Listing ID: 171200
- Posted On: May 19, 2012
- Updated On: Nov 5, 2015
Description
Sunrise MHP consists of 43 sites and all are on concrete pads, also included is a 5-unit apartment house on site, Town Water and Town Sewer on a paved Street. The sale includes 28 owned homes, and the Seller will entertain holding $100,000, 2nd mortgage with negotiable terms. There are water views across the street from the park. A Great Investment!
Location
Take I-95 toward Waterville/Bangor, merge onto US-201 S via exit 133, turn left onto Upper Main St, turn left to stay on Upper Main St, park on left.
Size: 4.0 acre(s)
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Number of MH Lots: | 43 |
| Size: | 4 acre(s) |
Financial Information
| Gross Income: | $261,768 |
| Operating Expense: | $79,450 |
| Net Operating Income: | $182,318 |
| Expense Ratio: | 30.4 % |
Lot Information
| Singlewide Lots: | 43 |
Utility Information
| Water: | City |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 28 |
| Average Rent for Park-owned Homes: | $625 |
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