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: 15.0%
- Listing ID: 171197
- Posted On: May 19, 2012
- Updated On: Jul 1, 2017
Description
Wing' s Mobile Home Park is located at 185 Memorial Drive in Winthrop. It consists of 2.40 acres and has town water that is paid by the owner and town sewer that is paid by the tenants. It has 16 pads, a single family wood frame house, and 9 mobile homes that will be part of the sale. Maranacook Lake is across the street from the Subject property, and only ½ mile is a public beach and a picnic area. No Vacancies, and Superb Location! Email Dot at dotfernald24@gmail.com to request a detail marketing package.
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Location
From Route 202 to Winthrop, turn right onto Main Street, turn slight left onto Bowdoin Street, Bowdoin Street becomes Memorial Drive, property is on the right.
Size: 2.4 acre(s)
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 16 |
| Total Occupancy: | 100.0 % |
| Size: | 2 acre(s) |
Financial Information
| Gross Income: | $93,900 |
| Operating Expense: | $24,198 |
| Net Operating Income: | $69,701 |
| Expense Ratio: | 25.8 % |
Lot Information
| Singlewide Lots: | 16 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 9 |
| Average Rent for Park-owned Homes: | $600 |
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