Mobile Home Park Details

  • Cap Rate: 6.7%
  • Property ID: 1258587
  • Posted On: May 20, 2020
  • Updated On: Sep 10, 2020

Property Description

Indian Run Estates is located in Dresden, ME near the Kennebec River and 50 minutes north of Portland (45 Miles).
The community contains 40 sites that are 98 percent occupied, situated on 5 acres and allows room for 22 expansion sites.

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Park Information

Community Type: All Age
Number of MH Lots: 40
Total Occupancy: 98.0 %
Average MH Lot Rent: $317
Size: 5 acre(s)

Financial Information (Pro Forma)

Gross Income $147,329
Operating Expense $50,645
Net Operating Income $96,684
Expense Ratio 34.4 %
Debt Info

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