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: 15.0% (Actual)
- Listing ID: 853423
- Posted On: Sep 1, 2017
- Updated On: Jan 29, 2018
Description
Town & Country MHP is licensed for 39 Pads, with 18 developed sites. Includes 4 Financed Notes and 3 Owned Homes, and 15 rented pads. Lot 7 is an owned home and is occupied by the manager and he does not pay any rent. The park consist of 48+ acres with a mixture of open land and trees, and is serviced by one state monitored well and 8 septic systems which are on scheduled maintenance with paved roads.
Location
Corinth is a popular area with all the amenities and just 12 miles to Bangor. Many hiking trails and so much more!
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 18 |
| Total Occupancy: | 70.0 % |
| Year Built: | 40 |
| Average MH Lot Rent: | $215 |
Financial Information (Actual)
| Gross Income: | $53,161 |
| Operating Expense: | $11,650 |
| Net Operating Income: | $41,510 |
| Expense Ratio: | 21.9 % |
Lot Information
| Singlewide Lots: | 15 |
| Doublewide Lots: | 0 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
RV Information
| Number of RV Lots: | 0 |
| Average RV Lot Rent: | $0 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |
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