Mobile Home Park Details
- Cap Rate: 6.2%
- Listing ID: 1736774
- Posted On: Aug 17, 2022
- Updated On: Aug 16, 2023
Description
Broker of Record Jennifer Stein ME License #AC90603538
Cap Rate for Park is 6.17% + Land Value Determined LIst Price.
6 Acres with Expansion or Mixed Use development potential on an additional purchase of 80 acres. Or build a Getaway or Dream Home on the 80+ Vacant Acres not Used by Park
14 Lots. 12 Tenant-Owned Homes.
Located in a beautiful country setting near the Aroostook River.
Close to the Town of Mapleton and the Canadian Border.
Location
*Located in a beautiful country setting near the Aroostook River.
*Close to the Town of Mapleton and the Canadian Border.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Number of MH Lots: | 14 |
| Total Occupancy: | 85.7 % |
| Year Built: | 1970 |
| Size: | 6 acre(s) |
Financial Information (Actual)
| Gross Income: | $33,600 |
| Operating Expense: | $10,980 |
| Net Operating Income: | $17,820 |
| Expense Ratio: | 32.7 % |
Utility Information
| Water: | Well |
| Sewer: | Septic |
