Serenity Springs MHP

Multi-Family for Sale
Catylist Listing ID: 30349969
Property Subtypes: Mobile Home Park
Number of Units: 29 Units
Building Size (RSF): 1,008 SF
Gross Building Area: See Agent
Gross Land Area: 46 Acres
Sale Price: $1,549,000
Unit Price: $53,413.79 Per Unit
Property Use Type: Net Leased Investment (NNN), Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/15/2019

Overview / Comments

Great Investment opportunity with outstanding cash flow! This mobile home park has 29 units, 25 of which are owned by the seller. There are 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 of Augusta, Waterville, Camden, and Rockland.

Additional Details

Nearest MSA: Augusta-Waterville
County: Kennebec
Tax ID/APN: WINR-000010-000000-000028-A000000-1T-29T

View FullscreenMap

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,546 7,967
Median Age: 41.03 42.65
Households: 1,802 3,229


Photograph of Listing Agent

Dennis Wheelock

KW Commercial - a div. of Keller Williams Realty
The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.