Mobile Home Park Details
- Purchase Method: Cash
- Listing ID: 1352269
- Posted On: Nov 6, 2020
- Updated On: Jun 8, 2021
Description
1 of 3 properties. Offered as a package or individually. Owner prefers to sell as a package.
Park consists of 58 lots. 29 park owned homes and 29 rented lots. 65.74 +/- acres. May be able to be expanded. Private water & sewer. New paved roads & driveways. New flagpole. Located in a rural area, short distance to downtown Brewer and the |Queen City of Bangor. Area offers great current economies. Current 8.25 CAP. Rent increase on 5/21/21 produces a 9.19 CAP. Email us for brochure(s)
Location
Just outside Brewer downtown, but rural in nature.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
Financial Information (Pro Forma)
| Gross Income: | $418,200 |
| Operating Expense: | $75,927 |
| Net Operating Income: | $329,727 |
| Expense Ratio: | 18.2 % |
Lot Information
| Singlewide Lots: | 58 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |
