Mobile Home Park Details

  • Listing ID: 3699218
  • Posted On: Sep 18, 2023
  • Updated On: Jun 6, 2024

Description

Invest in a unique opportunity to own Cocheco River Estates, a highly sought-after, 55+ mobile home community boasting 157 tenant-owned homes along the tranquil Cocheco River. This is your chance to acquire an immaculately maintained property, offering an unparalleled investment opportunity within a well-established and thriving community.

Property Highlights:
- Prime Location: Strategically positioned in proximity to essential amenities, shopping centers, medical facilities, and recreational options, making it an attractive choice for retirees seeking both convenience and serenity.

- Tenant-Owned Homes: Stand out in the market with a 100% tenant-owned home model, a rarity that enhances resident commitment and community spirit.

- Natural Beauty: The picturesque Cocheco River provides an idyllic setting, creating a visually appealing environment and promoting an active outdoor lifestyle.

- Strong Community Dynamics: Benefit from the tightly-knit 55+ community that organizes regular activities, events, and gatherings, fostering a sense of belonging and interaction among residents.

- Amenities: The property features a clubhouse, fitness center, and an in-ground swimming pool, enhancing the overall living experience for residents.

Investment Opportunity:
- 157 Homes: The community comprises 157 well-maintained mobile homes, each owned by tenants, ensuring a stable and committed resident base.
- High Demand: With the growing 55+ demographic seeking secure and comfortable living options, Cocheco River Estates presents an opportunity to tap into a strong demand for retirement-friendly housing.
- Proven Profitability: Benefit from the property's history of consistent rental income and the potential for increasing returns through community enhancements and rent adjustments.

Seize this chance to own a thriving 55+ mobile home community with a tenant-owned approach. Cocheco River Estates is not just a property; it's an investment in a lifestyle that offers residents a sense of pride, belonging, and comfort. Don't miss out on this exceptional opportunity. Contact us today to explore the potential of owning Cocheco River Estates and becoming a part of this thriving community.

Amenities

  • Pool
  • Club House
  • Storage
Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Community Type: 55 And Over
Number of MH Lots: 157
Total Occupancy: 100.0 %
Year Built: 1983
Average MH Lot Rent: $530
Size: 73 acre(s)

Utility Information

Water: City
Water Paid By: Park
Sewer: City

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