Sabattus Estates

Village Green MHP at 344 Main Street, Corinth, ME 04427 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.

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.

NO CREATIVE FINANCING, SELLER FINANCING, OR PREFERRED EQUITY OFFERS OR INQUIRIES. Cash or conventional financing only Presque Isle MHP at 50 Davis Street, Presque Isle, ME 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.

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. 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. 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. 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. 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. Investment Highlights • 5.5± acre mobile home park • 11 total sites (2 park-owned, 9 tenant-owned) • Annual Gross Income: $86,700 • Net Operating Income: $74,223 • Underground electrical service with individual meters • Pump house with updated electrical and two new expansion tanks • Sand/salt storage and utility storage • Additional overhead storage above pump house • Two septic systems with leach fields • Potential expansion opportunities (buyer to verify) Strong cash flow. Low-maintenance ownership. Future growth potential. Opportunities like this are increasingly difficult to find.

Lots of potential to increase income on this easy to operate mobile home park. 11 Sites, 5.13 acres, private & gravel road, and private well and septic system. Great location!

This well-maintained park is licensed for 36 pads & is situated on 10.31 acres in Caribou, ME next to Little Madawaska River with convenient travel to town. Private, paved roads easy to maintain situated in a quiet neighborhood setting. Private Water & Sewer. Great potential for profit growth by adding new homes!