Contact Information
Mobile Home Park Details
- Price: $345,000
- Purchase Method: Cash, Seller Financing, New Loan
- Listing ID: 4546370
- Posted On: Feb 19, 2024
- Updated On: Sep 3, 2024
Description
Loring Woods MHP is licensed for 54 Sites and is situated on 17+ 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!
Location
Close to Route 89, amenities, and the jet fuel refinery
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 54 |
| Year Built: | 1960 |
| Average MH Lot Rent: | $325 |
| Size: | 17 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $245,700 |
| Operating Expense: | $51,513 |
| Net Operating Income: | $194,187 |
| Expense Ratio: | 21.0 % |
Lot Information
| Singlewide Lots: | 54 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |
