Waldoboro
$1,400,000
400 Friendship Road
mls: 1372656
Bathrooms: 0
Lot Size: 11.63
Taxes: $9,523
Status: Closed

A rare opportunity to acquire a park on the coast of Maine. Skyview Ridge MHP is licensed for 44 Lots with the State of Maine and there are 36 occupied lots, and 8 vacant lots that could add revenue.

Listed by: The Dot Fernald Team, Inc.

A rare opportunity to acquire a park on the coast of Maine. Skyview Ridge MHP is licensed for 44 Lots with the State of Maine and there are 36 occupied lots, and 8 vacant lots that could add revenue. The park is serviced with city water and city sewer and all the lots are individually metered and paid by the tenants. There are 5 owned homes, and the park is situated on 11.63 acres which offer exceptionally large lot. Great Investment in a well maintained park!!! The park draws on a large population within a 30 minute commute and attracts tenants from Rockland, Camden and other higher rent towns. Occupancy is good yet there is still opportunity to improve the bottom line by filling a few vacant lots. The improved economy makes this task easier. Increase rents, fill 4 or 5 lots and the park could be worth over $2m. The park is operated by an absentee owner who wishes to retire.

Listed by: The Dot Fernald Team, Inc.

Bathrooms Total Integer
0
Electric
On Site, Circuit Breakers
Lot Size Acres
11.6300
Parking Features
21+ Spaces, On Site
Sewer
Public Sewer
Tax Annual Amount
9523.00
Water Source
Public
Zoning
Rural Residential