Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park

Mobile Home Park Details

  • Purchase Method: Cash
  • Cap Rate: 11.0%
  • Listing ID: 543968
  • Posted On: Jun 24, 2015
  • Updated On: Aug 22, 2018

Description

The Park is a 55 and older park making it very attractive for a retirement community that is very affordable. The Park consists of 8 existing pads, and is license with the State of Maine for 8 sites. There are 5.64 acres, and has Public Water and Public Sewer. The owner owns 5 of the homes, and the existing Revenue is $43,260.00 and Expenses are $17,981.34 The rents are extremely low and potential income should be increased immediately by $3,300.00 more per year. NO VACANCIES

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

Park Information

Community Type: 55 And Over
Number of MH Lots: 8
Total Occupancy: 100.0 %
Size: 6 acre(s)

Financial Information (Actual)

Gross Income: $43,260
Operating Expense: $17,981
Net Operating Income: $25,278
Expense Ratio: 41.6 %

Lot Information

Singlewide Lots: 8

Utility Information

Water: City
Water Paid By: Park
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 5
Average Rent for Park-owned Homes: $550

Other Listings by Scott Robert

Similar Mobile Home Parks for Sale