Mobile Home Park Details

  • Purchase Method: Cash, Seller Financing, New Loan
  • Cap Rate: 9.0%
  • Listing ID: 2098349
  • Posted On: Mar 2, 2023
  • Updated On: Mar 1, 2024


*Motivated Seller*

11 Acres

Sites Total: 21

Vacant Homes: 0
Rental Homes Owned: 18
Resident Owned Homes: 3

Rental Homes Avg: $925
Resident Home Avg: $550

Also has 1 large stick built home (3BD/2BA): $1,200 NOT INCLUDED, could be added with Park sale!
Very limited Seller Financing.


Located on the mainland at the head of Frenchman Bay, Hancock has commanding views of Mount Desert Island.

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

Park Information

Community Type: All Age
Total Occupancy: 100.0 %
Year Built: 1979
Average MH Lot Rent: $550
Size: 11 acre(s)

Financial Information (Actual)

Gross Income: $239,640
Operating Expense: $82,325
Net Operating Income: $157,315
Expense Ratio: 34.4 %

Utility Information

Water: Well
Water Paid By: Tenant - Submetered
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 18
Average Rent for Park-owned Homes: $925

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