Mobile Home Park Details
- Purchase Method: Cash
- Listing ID: 646134
- Posted On: Mar 18, 2016
- Updated On: Aug 29, 2018
Description
Both Park consists of 95 existing pads. Presque Isle consist of 74 existing pads, and is license for 85 with the State of Maine, and has a single family house. There are 9.58 acres, Public Water and Public Sewer, on Private Paved Roads. There are 30 vacant pads that could be rented for potential future revenue. The population of Presque Isle is 9402, the population of Aroostook County is 70,000 and Presque Isle is the center of it.
Salmon Brook MHP consist of 21 existing pads, and is license for 21 with the State of Maine. There are 12 acres, Public Water and Public Sewer, on Private Gravel Roads. There are 8 vacant pads that could be rented for potential future revenue. It would be impossible for an investor/developer to develop any parks for $7315.00 per pad. It's a great opportunity!
Location
The park is located in the center of town. Walking distance to the Mall, Walmart and also Downtown. It is 1 to 2 blocks off the Main Street which is walking distance to the Banks, McDonalds, and other Main Street Businesses.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 95 |
| Average MH Lot Rent: | $190 |
| Size: | 22 acre(s) |
Financial Information (Actual)
| Gross Income: | $137,220 |
| Operating Expense: | $73,650 |
| Net Operating Income: | $63,569 |
| Expense Ratio: | 53.7 % |
| Debt Info: | 2017 |
Lot Information
| Singlewide Lots: | 95 |
| Doublewide Lots: | 0 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 0 |
| Average Rent for Park-owned Homes: | $0 |
