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

Mobile Home Park Details

  • Purchase Method: Cash
  • Cap Rate: 12.0%
  • Listing ID: 684387
  • Posted On: Jul 4, 2016
  • Updated On: Feb 25, 2019

Description

The Park consists of 18 existing pads, and is license with the State of Maine for 42 sites. Situated on 22.29 +/- acres, 1 septic tank for every 2 homes, Drilled Well, and Private gravel roads located in a Country Atmosphere. There are 9 vacant pads that could be rented for potential future revenue. The land for the 24 pads has all been engineered and approved, and gravel roads have been constructed.

Location

Rural in a Country Atmosphere Setting

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Park Information

Community Type: All Age
Number of MH Lots: 18
Total Occupancy: 50.0 %
Size: 22 acre(s)

Financial Information (Actual)

Gross Income: $45,120
Operating Expense: $16,463
Net Operating Income: $28,656
Expense Ratio: 36.5 %

RV Information

Number of RV Lots: 0
Average RV Lot Rent: $0

Utility Information

Water: Well
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 3
Average Rent for Park-owned Homes: $650

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