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 % |
Lot Information
| Singlewide Lots: | 18 |
| Doublewide Lots: | 0 |
| Triplewide Lots: | 0 |
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 |