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: Cash
- Cap Rate: 10.0%
- Listing ID: 577163
- Posted On: Nov 5, 2015
- Updated On: Aug 29, 2018
Description
The Park consists of 27 existing pads, and is license with the State of Maine for 27 sites. Situated on 16.9 +/- acres, septic tanks, public water, and a 2 car garage. Private paved roads located in a Country Atmosphere. There are 8 vacant pads that could be rented for potential future revenue. The park could be Sub-meter for the water which would be a great way to increase the revenue.
Location
The Town office does not have a number on Interval Road. 187 Interval Road is the property before the park, and the park is located on the corner of Intervale Road and BJ Lane.
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 27 |
| Total Occupancy: | 75.0 % |
| Year Built: | 1978 |
| Average MH Lot Rent: | $230 |
| Size: | 17 acre(s) |
Financial Information (Actual)
| Gross Income: | $65,520 |
| Operating Expense: | $31,980 |
| Net Operating Income: | $31,980 |
| Expense Ratio: | 48.8 % |
Lot Information
| Singlewide Lots: | 27 |
| Doublewide Lots: | 0 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
RV Information
| Number of RV Lots: | 0 |
| Average RV Lot Rent: | $0 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 0 |
| Average Rent for Park-owned Homes: | $0 |
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