East Ridge MHP

<p>• 42 park-owned homes with 100% occupancy on 9.15± acres</p><p>• Additional income with the 3-unit apartment building on site and a rental garage</p><p>• Connected to municipal utilities for ease of management and lower maintenance costs</p><p>• Well-kept paved roads and driveways enhance appearance and tenant satisfaction</p><p>• Excellent cash flow with multiple income streams and full occupancy, which delivers excellent returns</p><p><span style="color: rgba(0, 0, 0, 1)">Please see Central Maine Multifamily Portfolio (4 Roderick Rd, Clinton) for the whole portfolio listing</span></p>

<p><strong style="color: rgba(49, 71, 49, 1)">Birchtree Meadows consists of 42 homes and could add up to 6 more on site with proper permits! 21 Park Owned Homes, Private Road, Water, and Sewer.​ Updated and very well maintained mobile home park and utility systems.​ Room for an additional 45 site expansion! Fantastic location with easy access to various bodies of water, golf courses, schools, recreation, shopping, and entertainment.​</strong></p><p><span style="color: rgba(0, 0, 0, 1)">Over $500k in capital improvements with all the upgrades to the drainage, electrical, water system, sewage system, and leach field!! Engineering report on file.​ Updated Water Lines, New Valves Added, & New Pump.​ Brand New Pump on Site for BackUp.​ Septic Pumps Added; Septic Lines Repaired to Eliminate All Ground Water Infiltration; Leach Field Repaired adding 50% Capacity Upgrade; Culverts Added; Septic Tanks Added, Repaired, or Risers Added.​ Maintained by Cashley Builders.​ Emergency Well Pump Repair, Pump House Culverts Repaired, Added Back-Up Heat, Dehumidifier, & Insulation to Pump House.​ 60% Main Road Repaired, Culverts Added, & Drainage Improved.​ Park Expansion Capabilities on 40 of the Acres - 45 More Sites!</span></p><p></p><p>Seller would consider some Owner Financing.​ Would also consider selling some of the park owned homes and reducing the price.​ Motivated and willing to work with you!</p>

<span style="font-weight: bold">Village Green MHP</span> at <span style="font-weight: bold">344 Main Street, Corinth, ME 04427</span> is a compelling mobile home park investment opportunity offering scale, stability, and upside on 40.38 acres.​ Licensed for 40 sites, the property features a private gravel road system, private well and septic, Versant electric service, and a recently installed maintenance garage.​ This income-producing community includes a strong mix of tenant-owned, park-owned, and rent-to-own homes, with only one vacant lot currently reported—creating immediate cash flow with additional value-add potential.​ Recent capital improvements include a new well, road upgrades, and water line improvements, enhancing infrastructure and supporting long-term ownership.​ With expansive acreage, an established layout, and potential future expansion possibilities, Village Green MHP presents an attractive opportunity for investors seeking a manufactured housing asset in a peaceful Maine setting.​ Offered at $1,875,000, this property combines steady in-place income with operational improvements already underway, making it well-positioned for continued performance and growth.​

<p><span style="color: rgba(0, 0, 0, 1)">Licensed for 30 lots in a convenient location.​ Easy to maintain park situated on 4.82 acres.​ Private & newly paved road, public water and public sewer.​</span></p>

<p><strong style="color: rgba(11, 11, 11, 1)">NO CREATIVE FINANCING, SELLER FINANCING, OR PREFERRED EQUITY OFFERS OR INQUIRIES.​ Cash or conventional financing only</strong></p><p></p><p><strong>Presque Isle MHP</strong> at <strong>50 Davis Street, Presque Isle, ME</strong> offers a rare opportunity to acquire an 86-site, all-age manufactured housing community in the commercial hub of Aroostook County.​ Priced at $1,200,000, this value-add asset presents an attractive basis of just $13,953 per pad, well below comparable county pricing.​ Currently 41.9% occupied, the property features 27 lot-rent sites, 8 park-owned homes, 1 single-family home, and 50 vacant pads ready for lease-up and infill.​ Investors can capitalize on significant upside through occupancy growth, rental increases, and the opportunity to implement water and sewer billback, which has never been utilized.​ Municipal water and sewer are already in place, while electric is directly billed to tenants.​ With pro forma NOI projected at approximately $111,092 at full occupancy—before any utility billback—this offering delivers compelling income growth potential and a projected 9.3% yield-on-cost.​ Located adjacent to Presque Isle International Airport and within one of Northern Maine’s key service and employment centers, this community combines scale, affordability, and operational upside in a high-demand regional market.​</p>

<p>Don’t miss this opportunity to acquire a well-maintained 11-site manufactured housing community situated on 5.5± scenic acres with strong in-place income and future upside.​ Surrounded by mature trees and offering a peaceful country setting, this established investment combines reliable cash flow with the potential for long-term appreciation.​</p><p></p><p>The community features 11 total sites, including 2 park-owned homes and 9 tenant-owned homes, creating an attractive ownership structure that minimizes maintenance responsibilities while providing consistent rental income.​ Current operations generate an impressive annual gross income of $86,700 and a net operating income of $74,223, making this an ideal addition to an investment portfolio.​</p><p></p><p>The property has been thoughtfully maintained with infrastructure improvements that include a pump house equipped with updated electrical, two new expansion tanks, sand/salt storage, utility storage, and additional overhead storage above.​ The park is serviced by two septic systems with leach fields, and all homes are connected to underground electrical service with individual meters, providing efficient utility management.​</p><p></p><p>With 5.5 acres, the property may offer future expansion potential, subject to buyer verification with the local municipality, creating an exciting opportunity to increase value over time.​</p><p></p><p>Whether you’re looking to expand your manufactured housing portfolio or invest in one of the real estate market’s most resilient asset classes, this turnkey community offers the perfect blend of stable income, low operating expenses, and room for future growth.​</p><p></p><p>Investment Highlights</p><p></p><ul><li>​5.5± acre mobile home park</li><li>​11 total sites (2 park-owned, 9 tenant-owned)</li><li>​Annual Gross Income: $86,700</li><li>​Net Operating Income: $74,223</li><li>​Underground electrical service with individual meters</li><li>​Pump house with updated electrical and two new expansion tanks</li><li>​Sand/salt storage and utility storage</li><li>​Additional overhead storage above pump house</li><li>​Two septic systems with leach fields</li><li>​Potential expansion opportunities (buyer to verify)</li></ul><p></p><p>Strong cash flow.​ Low-maintenance ownership.​ Future growth potential.​ Opportunities like this are increasingly difficult to find.​</p>