Mobile Home Park Details

  • Cap Rate: 6.2%
  • Listing ID: 1736774
  • Posted On: Aug 17, 2022
  • Updated On: Aug 16, 2023

Description

Broker of Record Jennifer Stein ME License #AC90603538

Cap Rate for Park is 6.17% + Land Value Determined LIst Price.

6 Acres with Expansion or Mixed Use development potential on an additional purchase of 80 acres. Or build a Getaway or Dream Home on the 80+ Vacant Acres not Used by Park

14 Lots. 12 Tenant-Owned Homes.

Located in a beautiful country setting near the Aroostook River.

Close to the Town of Mapleton and the Canadian Border.

Location

*Located in a beautiful country setting near the Aroostook River.

*Close to the Town of Mapleton and the Canadian Border.

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

Park Information

Number of MH Lots: 14
Total Occupancy: 85.7 %
Year Built: 1970
Size: 6 acre(s)

Financial Information (Actual)

Gross Income: $33,600
Operating Expense: $10,980
Net Operating Income: $17,820
Expense Ratio: 32.7 %

Utility Information

Water: Well
Sewer: Septic

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