Mobile Home Park Details

  • Purchase Method: Cash
  • Property ID: 1476950
  • Posted On: Jul 14, 2021
  • Updated On: Apr 21, 2022

Property 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.

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

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 %
Debt Info

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

Similar Mobile Home Parks for Sale