Description
Great opportunity to own a turnkey, 13 pad mobile home park situated on 4 acres in Ashland, Maine! This park offers a 13.54% cap rate, has minimal expenses, is easy to operate, a friendly community, and great potential. Public water & sewer, private utility meters for each home and paid by tenants, and one street that is easy to maintain. Two homes on site for renovation allowing the new owner to create immediate upside in rents. Seller is also offering a credit of $15,000 to help repair the vacant homes. Consistent occupancy and a waiting list for prospective tenants. Ashland is a classically beautiful New England town located in Northern Maine near the Canadian Border. Four Timber Mills nearby, across from the Aroostook River with local Fish and Game, public boat landing, snowmobile trails, and only miles from the gate to the North Maine Woods where there are thousands of acres for hunting and fishing. Contact us for more information and make it your very own today!
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0BEDS
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4.6ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Great opportunity to own a turnkey, 13 pad mobile home park situated on 4 acres in Ashland, Maine! This park offers a 13.54% cap rate, has minimal expenses, is easy to operate, a friendly community, and great potential. Public water & sewer, private utility meters for each home and paid by tenants, and one street that is easy to maintain. Two homes on site for renovation allowing the new owner to create immediate upside in rents. Seller is also offering a credit of $15,000 to help repair the vacant homes. Consistent occupancy and a waiting list for prospective tenants. Ashland is a classically beautiful New England town located in Northern Maine near the Canadian Border. Four Timber Mills nearby, across from the Aroostook River with local Fish and Game, public boat landing, snowmobile trails, and only miles from the gate to the North Maine Woods where there are thousands of acres for hunting and fishing. Contact us for more information and make it your very own today!
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2023-01-29T23:47:42.89.
