Wil-Dot MHP
Wil-Dot MHP
Wil-Dot MHP
Wil-Dot MHP
Wil-Dot MHP
Wil-Dot MHP
Wil-Dot MHP
Wil-Dot MHP
Creekside MHP
Creekside MHP
Creekside MHP
Creekside MHP
Harvey's MHP
Harvey's MHP
Harvey's MHP
Harvey's MHP
Harvey's MHP
Harvey's MHP
Harvey's MHP
Harvey's MHP
Wil-Dot MHP
Wil-Dot MHP
Wil-Dot MHP
Wil-Dot MHP
Creekside MHP
Creekside MHP
Harvey's MHP
Harvey's MHP
Harvey's MHP
Harvey's MHP

Contact Information

Mobile Home Park Details

  • Price: $4,300,000
  • Cap Rate: 7.0%
  • Listing ID: 4363263
  • Posted On: Jan 30, 2024
  • Updated On: Feb 29, 2024

Description

Call Dot Fernald at 207-402-0953 with any questions regarding the mobile home package for sale or email Dot at: dotfernald24@gmail.com
Harvey’s MHP, Skowhegan licensed for 37 sites situated on 9.44 acres. Wil-Dot MHP, Dexter licensed for 37 sites situated on 7.15 acres, and Creekside MHP, Dexter situated on .74 of an acre. All 3 parks are serviced by public water and public sewer that is billed back to the tenants using RUBS (Ratio Utility Billing Systems), except for the public sewer cost at Harvey’s it is included in the owner’s property taxes. Included with the sale for the 3 parks are 45 POH’s, and 3 Financed Homes. Excellent Opportunity!

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Park Information

Community Type: All Age
Number of MH Lots: 87
Total Occupancy: 26.0 %
Average MH Lot Rent: $400
Size: 17 acre(s)

Financial Information (Actual)

Gross Income: $455,700
Operating Expense: $139,667
Net Operating Income: $316,032
Expense Ratio: 30.6 %

Lot Information

Singlewide Lots: 87

Utility Information

Water: City
Water Paid By: Tenant - RUBs
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 45
Average Rent for Park-owned Homes: $750

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