Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park

Mobile Home Park Details

  • Listing ID: 465797
  • Posted On: Aug 17, 2014
  • Updated On: Feb 22, 2015

Description

Park consists of 18 existing sites and is licensed with the State for 39. The Park sits on 50 acres of land. Existing lots are large with a mixture of open and treed. There are 3 park owned homes and 5 notes in place at 12% on others. The Park is serviced by one State monitored well and eight septic systems which are on scheduled maintenance. The road is paved. Corinth is a popular area with all the amenities and just 12 miles to Bangor. The property has a good upside due to it's size. Additional lots, there is a big demand in the area for storage units, and an RV Park. Current income is $56,300.00 with expenses of $11,600.00. Monthly lot rent is $212.00 with an increase due.

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Park Information

Community Type: All Age
Number of MH Lots: 18
Total Occupancy: 95.0 %
Year Built: 1975
Average MH Lot Rent: $212
Size: 50 acre(s)

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic