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: New Loan
  • Cap Rate: 10.0%
  • Listing ID: 368815
  • Posted On: Apr 8, 2013
  • Updated On: Sep 20, 2015

Description

Pine Haven Mobile Home Park conveniently located in Old Town, Maine. University of Maine campus is nearby, walking paths and supermarkets within walking distance. Park is 9.7 Acres and has 59 Pads. Park owns and rents mobile homes on 32 of the sites. Also included on the site is a duplex. Public Water and Public Sewer on all sites. There are 8 vacant lots that would add additional income. Very nice business opportunity in a very nice Maine Town .

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

Park Information

Community Type: All Age
Number of MH Lots: 59
Total Occupancy: 90.0 %
Size: 10 acre(s)

Financial Information (Actual)

Gross Income: $298,908
Operating Expense: $140,853
Net Operating Income: $148,984
Expense Ratio: 47.1 %

Lot Information

Singlewide Lots: 59

Utility Information

Water: City
Water Paid By: Park
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 31
Average Rent for Park-owned Homes: $600

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