Listed by The Dot Fernald Team
$2,035,000
Hidden Acres
Details
Property Type Mobile Home Park
Sub Type Multi-Family
Units 35
Cap Rate 8.31%
NOI $169,191
Occupancy 94%
Broker Co-Op Yes
Class C
Acreage 28.100
Hidden Acres Mobile Home Park | 35 Pads Licensed for 54 | Madison Maine
Marketing description
Expansion opportunity as this is licensed for 54 lots! 35 homes currently on site and situated on 28.10 acres. Private & paved road, private well, and private septic system. Close to all amenities and a great location.
Investment highlights
-Licensed for 54 lots (expansion capabilities)
-35 homes on site
-28.10 acres
-Private and paved road
-Easy to maintain
-Close to all amenities
-Private well and septic system
Listing Contacts
Listed by The Dot Fernald Team
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$169,191.00
$14,099.25/mo
Valuation Metrics
0
DSCR
8.31%
Cap Rate
8.31%
ROI
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