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: 9.0%
  • Listing ID: 842682
  • Posted On: Aug 8, 2017
  • Updated On: Mar 15, 2018

Description

Brookside MHP has beautiful private lots in a peaceful country setting! The park is licensed for 16 pads, and is serviced by a private water and sewer system. The roads are private & paved, and are maintained by the owner. It is situated on 4.5 acres, and the Maine Park License is a 55+ older park, which means 80% of the tenants, at least one person out of the 80% has to be 55 years old to purchase in the park. The rents are extremely low! A great opportunity for a very good investment! Priced at $395,000

Location

Rural Setting close to many amenities

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

Park Information

Community Type: 55 And Over
Number of MH Lots: 16
Total Occupancy: 100.0 %

Financial Information (Actual)

Gross Income: $52,860
Operating Expense: $18,985
Net Operating Income: $33,874
Expense Ratio: 35.9 %

RV Information

Number of RV Lots: 0
Average RV Lot Rent: $0

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 3
Average Rent for Park-owned Homes: $575

Other Listings by Scott Robert