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Contact Information

Mobile Home Park Details

  • Price: $775,000
  • Purchase Method: Cash, New Loan
  • Cap Rate: 6.3% (Actual)
  • Listing ID: 6974049
  • Posted On: Sep 9, 2025
  • Updated On: Sep 9, 2025

Description

Town & Country MHP is licensed for 39 sites and is situated on 39 acres in Corinth, Maine with a mixture of open land and trees. 18 developed lots with 100% tenancy. 16 Tenant Owned Homes and 2 Rent to Own Homes. Gravel road, new well in 2022, and eight septic systems. Manager on site, all age community, and potential to expand!

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Park Information

Community Type: All Age
Number of MH Lots: 18
Total Occupancy: 100.0 %
Year Built: 1970
Average MH Lot Rent: $380
Size: 39 acre(s)

Financial Information (Actual)

Gross Income: $82,440
Operating Expense: $33,391
Net Operating Income: $49,049
Expense Ratio: 40.5 %

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 0
Average Rent for Park-owned Homes: $380

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