I am pleased to present Linnhaven MHP, in Maine. This is a very unique opportunity to acquire one of the nicest, and largest mobile home parks in Southern, ME in superior condition!. The park is situated on 47.25+/- Acres with 296 existing sites, and licensed for 300 sites with the State of Maine. The park has a long history, with development starting in 1954 and 1960 by the owner’s family.

The increasing cost of living is making affordable housing more important than ever. Renters are spending more than 30% of their income on housing costs. With the current trends in population growth the need for affordable housing is only growing stronger. The park has a total of 300 Lots, and 4 undeveloped lots. MH lots consisting of 276 rented lots, no tenant owned homes, 15 vacant MH lots, and 5 vacant RV Lots that would be ideal for Tiny Homes. There is one singled wood frame house that is being rented, and there is another single family home, large barn, with a 3 car garage underneath the barn that will hold 6 cars. The value of the 2 existing homes, barn and garages is approximately $1.5M
The park is serviced by public water that could be billed back to the tenants using RUBS (Ratio Utility Billing Systems), and private septic systems. The park has public electric billed directly to the tenants, and the seller has upgraded all the electrical poles within the park in the last 5 years. The park also has curbside trash that is picked up by the Town of Brunswick at no charge to the tenants/owner. The roads are all paved.
Considering the current occupancy, along with, strong demand for affordable housing and proximity to Portland, ME, this portfolio presents a great opportunity to create more scale or enter into the rapidly growing Maine markets.

There is a detailed Marketing Package for you to review, and if you have any questions, you can reach Dot Fernald at 207-402-0953 or email Dot at dotfernald24@gmail.com