Mobile Home Park Details

  • Listing ID: 3875070
  • Posted On: Oct 23, 2023
  • Updated On: Jan 25, 2024

Description

Loring Woods MHP is licensed for 54 Sites and is situated on 19+ acres in Limestone, Maine. The park is wooded with trees between the lots and is serviced with a drilled well and private septic system. The systems were upgraded in 2008. 4 occupied homes, 9 homes on site to renovate, and numerous possibilities to increase the revenue for this park!

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Park Information

Community Type: All Age
Number of MH Lots: 54
Year Built: 1960
Average MH Lot Rent: $300
Size: 19 acre(s)

Financial Information (Pro Forma)

Gross Income: $232,200
Operating Expense: $50,163
Net Operating Income: $182,037
Expense Ratio: 21.6 %

Lot Information

Singlewide Lots: 54

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic

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