Mobile Home Park Details

  • Cap Rate: 7.9%
  • Listing ID: 2057899
  • Posted On: Feb 20, 2023
  • Updated On: Jul 17, 2023

Description

A&J MHP is situated on 5.64 acres in Franklin County,
Maine. The park includes public water, public sewer, and
a private, paved road. 55+ park making it very attractive
and affordable for a 'retirement' community. The park is
licensed for 8 pads, the owner owns 5 of the homes, and
the park is fully occupied!!

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Park Information

Community Type: 55 And Over
Number of MH Lots: 8
Total Occupancy: 100.0 %
Year Built: 1970
Average MH Lot Rent: $494
Size: 6 acre(s)

Financial Information (Actual)

Gross Income: $47,400
Operating Expense: $17,405
Net Operating Income: $29,995
Expense Ratio: 36.7 %

Lot Information

Singlewide Lots: 8

Utility Information

Water: City
Water Paid By: Park
Sewer: City

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