Contact Information

Michael Nissley
Colliers Manufactured Housing & RV Group
Photo

Mobile Home Park Details

  • Price: $1,650,000
  • Purchase Method: Cash
  • Listing ID: 6855775
  • Posted On: Mar 27, 2025
  • Updated On: Apr 7, 2025

Description

Colliers Manufactured Housing & RV Group, as exclusive agent for the Owner, is pleased to offer the opportunity to acquire the 85-site Presque Isle Mobile Home Community, an ideally-located affordable housing opportunity in Presque Isle, Maine, the regional hub of Northern Maine. With strong agricultural roots, a growing healthcare and education sector, and strategic access to U.S. Route 1 and I-95, Presque Isle offers a prime investment opportunity in northern Maine.
The property is inclusive of 85 MH sites of which, 21 are park owned homes.

Presque Isle MHC provides investors with expertise in stabilization and operations a prime value-add opportunity.

The asking price for the park is $1,650,000 ($19,400/total site). This represents a 19% cap rate on stabilized.

Location

https://www.crexi.com/properties/1843562/maine-presque-isle-mobile-home-community

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Community Type: All Age
Total Occupancy: 45.0 %
Size: 8 acre(s)

Utility Information

Water: City
Sewer: City

Other Listings by Michael Nissley