Contact Information

Mobile Home Park Details

  • Price: $4,000,000
  • Cap Rate: 7.7%
  • Listing ID: 5659676
  • Posted On: May 13, 2024
  • Updated On: May 14, 2024

Description

Birchtree Meadows consists of 42 homes and could add up to 6 more! 23 Park Owned Homes, Private Road, Water, and Sewer. Updated and very well maintained mobile home park and utility systems. Room for expansion! Fantastic location with easy access to various bodies of water, golf courses, schools, recreation, shopping, and entertainment. Close to Ellsworth and only 35 minutes from Bar Harbor!

Location

GPS Friendly, Easy Access, Close to Amenities, Close to Ellsworth and Bar Harbor

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Park Information

Community Type: All Age
Number of MH Lots: 42
Total Occupancy: 95.0 %
Average MH Lot Rent: $425
Size: 72 acre(s)

Financial Information (Actual)

Gross Income: $434,220
Operating Expense: $126,596
Net Operating Income: $307,624
Expense Ratio: 29.2 %

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 23
Average Rent for Park-owned Homes: $1,300

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