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 % |
Lot Information
| Singlewide Lots: | 30 |
| Doublewide Lots: | 0 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
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 |
