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: 11.0%
  • Listing ID: 972111
  • Posted On: Jul 24, 2018
  • Updated On: Jun 2, 2019

Description

The Park consists of 30 existing pads, and out of the 30 pads there are 4 vacant lots, 2 vacant home, and it is license for 36 pads with the State of Maine. The park is situated on 39.50 +/- acres, includes 6 septic tanks and 3 leach fields. The park is located on a private gravel roads, and 17 owned homes are included with the sale.

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Park Information

Community Type: All Age
Number of MH Lots: 30
Total Occupancy: 80.0 %
Year Built: 1968
Size: 40 acre(s)

Financial Information (Actual)

Gross Income: $166,404
Operating Expense: $42,180
Net Operating Income: $124,223
Expense Ratio: 25.3 %

RV Information

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

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 18
Average Rent for Park-owned Homes: $700

Other Listings by Scott Robert