Affordable Housing Portfolio — Mexico, Dixfield & Rumford, ME

Great opportunity to acquire a stabilized, cash-flowing portfolio of manufactured homes across three Androscoggin/Oxford County towns. Quiet neighborhoods, close to amenities. Strong rental history with room to grow.

Highlights

Total Units: [23] (all single-wides; good condition, one stick built office building currently rented as a 2 bedroom home, one vacant 1.6 acre lot)

Locations: Mexico ( 9 units) • Dixfield (12 units) • Rumford (2 units)

Occupancy: 86% (historic avg. 95%)

Current Monthly Gross Rent: $20,380 • Annualized: $ 244,560

Upside: light rent-to-market adjustments, build on vacant 1.6 acre lot, fill 2 vacancy

Unit & Site Features

Typical layouts: 2–3 BR, 1–2 BA, one-level living, eat-in kitchens, laundry hookups

Many with updated flooring, paint, roofs, skirting, insulation, windows

Off-street parking per home; decks/entries on several units

Tenants pay: heat/electric/water/lawn/plowing | Landlord pays: sewer
2 small private streets and vacant units if applicable, plowing paid by owner

Utilities & Infrastructure

Mexico: Public water (Billed to tenant) • Public sewer to owner • Electric metered and billed to tenants

Dixfield: Public water (Billed to tenant) • Public sewer to owner • Electric metered and billed to tenants

Rumford: Public water (Billed to tenant) • [Public] sewer to owner • Electric metered and billed to tenants.

Roads: Public, one in Mexico is private, One 6 lot park in Dixfield is private.
Trash: curbside/transfer station

Compliance: All homes titled/registered as applicable; rental licenses where required

Financial Snapshot (summary)

Average rent / unit: $886

Investment Notes

Proven demand for attainable housing; low vacancy history

Mix of long-term tenants; rent ledger & estoppels available with NDA

Optional third-party management available for a hands-off approach

Offering

Asking Price: $1,649,000 (portfolio)

Will consider town-by-town carve-outs at $85,000/door (min. package of 12 units)

Showing & Access

By appointment only. Please do not disturb tenants. P&L and Rent Roll available upon request.