Mobile Home Park Details
- Listing ID: 3875070
- Posted On: Oct 23, 2023
- Updated On: Jan 25, 2024
Description
Loring Woods MHP is licensed for 54 Sites and is situated on 19+ acres in Limestone, Maine. The park is wooded with trees between the lots and is serviced with a drilled well and private septic system. The systems were upgraded in 2008. 4 occupied homes, 9 homes on site to renovate, and numerous possibilities to increase the revenue for this park!
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 54 |
| Year Built: | 1960 |
| Average MH Lot Rent: | $300 |
| Size: | 19 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $232,200 |
| Operating Expense: | $50,163 |
| Net Operating Income: | $182,037 |
| Expense Ratio: | 21.6 % |
Lot Information
| Singlewide Lots: | 54 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |