Mobile Home Park Details
- Purchase Method: Cash
- Listing ID: 1476950
- Posted On: Jul 14, 2021
- Updated On: Apr 21, 2022
Description
2 mobile home parks consisting of 31 lots, 20 park owned homes, one of which is a 4 bedroom home on a full foundation, 5 rented lots,, and 6 vacant lots . Lamoine has 17 lots and is serviced by a drilled well and 2 private septic systems. Numerous lots are large enough to easily accommodate double-wide homes. Park expansion is quite possible.
Bucksport Park has 14 lots and is serviced by town water and sewer, new water system installed in 2019. 7 homes have been recently renovated.
Location
Birch Haven MHP is located on Rte. 184 about 1/4 of a mile from intersection of Rte . 1 in the town of Town of Lamoine . Park is 5 minutes from Downtown Ellsworth . Walking distance to Walmart, Home Depot and several local restaurants / take-outs.
Edison MHP is located in downtown Bucksport , Short walking distance to all town amenities, literally 750 ft. to a large grocery chain.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 31 |
| Total Occupancy: | 95.0 % |
| Year Built: | 1970 |
| Average MH Lot Rent: | $375 |
| Size: | 5 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $187,637 |
| Operating Expense: | $50,000 |
| Net Operating Income: | $137,637 |
| Expense Ratio: | 26.6 % |
Lot Information
| Singlewide Lots: | 30 |
| Doublewide Lots: | 1 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
RV Information
| Number of RV Lots: | 0 |
| Average RV Lot Rent: | $0 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 20 |
| Average Rent for Park-owned Homes: | $800 |