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: 12.0%
- Listing ID: 684387
- Posted On: Jul 4, 2016
- Updated On: Feb 25, 2019
Description
The Park consists of 18 existing pads, and is license with the State of Maine for 42 sites. Situated on 22.29 +/- acres, 1 septic tank for every 2 homes, Drilled Well, and Private gravel roads located in a Country Atmosphere. There are 9 vacant pads that could be rented for potential future revenue. The land for the 24 pads has all been engineered and approved, and gravel roads have been constructed.
Location
Rural in a Country Atmosphere Setting
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 18 |
| Total Occupancy: | 50.0 % |
| Size: | 22 acre(s) |
Financial Information (Actual)
| Gross Income: | $45,120 |
| Operating Expense: | $16,463 |
| Net Operating Income: | $28,656 |
| Expense Ratio: | 36.5 % |
Lot Information
| Singlewide Lots: | 17 |
| Doublewide Lots: | 1 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
RV Information
| Number of RV Lots: | 0 |
| Average RV Lot Rent: | $0 |
Utility Information
| Water: | Well |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 3 |
| Average Rent for Park-owned Homes: | $650 |
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