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Loring Woods Mobile Home Park, Limestone Maine 149 Loring Commerce Road, Limestone, ME 04750

Off Market   Price Reduced  

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Mobile Home Park Details

  • Purchase Method: Cash, Seller Financing, New Loan
  • Listing ID: 4546370
  • Posted On: Feb 19, 2024
  • Updated On: Aug 2, 2025

Description

Loring Woods MHP is licensed for 54 Sites and is situated on 17+ 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. 3 occupied homes, 10 homes on site to renovate, and numerous possibilities to increase the revenue for this park!

Location

Close to Route 89, amenities, and the jet fuel refinery

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Park Information

Community Type: All Age
Number of MH Lots: 54
Year Built: 1960
Average MH Lot Rent: $325
Size: 17 acre(s)

Financial Information (Pro Forma)

Gross Income: $249,600
Operating Expense: $51,903
Net Operating Income: $197,697
Expense Ratio: 20.8 %

Lot Information

Singlewide Lots: 54

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 10
Average Rent for Park-owned Homes: $650

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