Turn-Key Mobile Home Park for Sale

Kennebec County, ME

Turn-Key Mobile Home Park for Sale
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Asking Price: $1,449,000

Cash Flow: $200,276

Gross Revenue: $269,880

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: 1972

Turn-Key Mobile Home Park for Sale

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Business Description

Great investment opportunity with outstanding cash flow! This mobile home park has 29 units, 25 of which are owned by the seller (see attached unit info spreadsheet). There is a total of 46+/- acres of which 28+/- acres have been developed. The park has been approved by the town to develop more units on the remaining 18 acres. The park was established in 1972 and the current owner added 15 new units in 2006 along with 2 new drilled wells, 2 leach fields, gravel and paved roads. The park has a total of 3 drilled wells, 1 spring, and a 12x16 heated building to house the water pump station. 19 units are on concrete pads and 10 are on gravel pads. The park is located in Central Maine within half hour to Augusta and Waterville and Camden and Rockland.

Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
N/A
Competition:
The park if fully occupied and there is a need for more units of housing in the area.
Growth & Expansion:
New owner could develop the remaining 18 acres to add more units as it is already approved by the town.
Reason for Selling:
Has several other businesses.
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Contact the Seller

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Dennis Wheelock

Business Listed By:
Dennis Wheelock

Keller Williams Realty

Show Phone Number

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Sponsoring Broker:
Scott Balfour

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