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: 11.8% (Pro Forma)
- Listing ID: 878388
- Posted On: Nov 14, 2017
- Updated On: Aug 10, 2021
Description
Strong Cash Flow Park!
Recent rent increase puts gross rents at $448k+. Coastal Maine community!
48 sites and a 4 unit apartment house sitting on 7.4 +/- acres. Frontage on Goose River. Good fishing and scenic views. 38 park owned homes.
Paved roads, City water & sewer. Strong cash flow. Substantial improvements to park. Same owner the past 13+ years.
Email us for a informational brochure.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 48 |
| Size: | 7 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $435 |
| Operating Expense: | $164 |
| Net Operating Income: | $270 |
| Expense Ratio: | 37.7 % |
Lot Information
| Singlewide Lots: | 48 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
