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
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
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: 15.0%
  • Listing ID: 853423
  • Posted On: Sep 1, 2017
  • Updated On: Jan 29, 2018

Description

Town & Country MHP is licensed for 39 Pads, with 18 developed sites. Includes 4 Financed Notes and 3 Owned Homes, and 15 rented pads. Lot 7 is an owned home and is occupied by the manager and he does not pay any rent. The park consist of 48+ acres with a mixture of open land and trees, and is serviced by one state monitored well and 8 septic systems which are on scheduled maintenance with paved roads.

Location

Corinth is a popular area with all the amenities and just 12 miles to Bangor. Many hiking trails and so much more!

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Park Information

Community Type: All Age
Number of MH Lots: 18
Total Occupancy: 70.0 %
Year Built: 40
Average MH Lot Rent: $215

Financial Information (Actual)

Gross Income: $53,161
Operating Expense: $11,650
Net Operating Income: $41,510
Expense Ratio: 21.9 %

RV Information

Number of RV Lots: 0
Average RV Lot Rent: $0

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic

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