400 Friendship Road, Waldoboro, ME 04572

$1,340,000
Property Type: Commercial Lot Size (sq. ft.): 506,603 Status: Closed
Current Price: $1,340,000 List Date: 10/03/2018 Last Modified: 12/28/2024

Description

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.

Supplements: ********

More Information MLS# 1372656

Location Information

Book: 3948 Leased Land: No Page: 107 Map: U2 Lot: 20A Zoning Overlay: Unknown Association Y/N: No Street #: 400 Street Name: Friendship Street Type: Road County: Lincoln Town: Waldoboro State/Province: ME Zip Code: 04572 Zip +4: 6399 Zoning: Rural Residential Full Tax Amount $: 9523 Tax Year: 17 Geo Lat: 44.085341 Geo Lon: -69.374683

Property Information

Primary Use: General Commercial Surveyed: Unknown Deed: All Deed Restrictions: Unknown Lot Size Acres +/-: 11.63

Location

Mobile Home Park: 1

Commercial Bldg Information

Confidentiality Statement: No

Property Uses

Mobile/Trailer Park: 1

Parking

21+ Spaces: 1 On Site: 1

Electric

Circuit Breakers: 1 On Site: 1

Utilities

Utilities On: Yes

Sewer

Public Sewer: 1

Water

Public: 1

Sold Terms Other

Arms Length: 1

Contract Information

Status: Closed Original List Price: 1400000 Sold Price: $1,340,000 Current Price: $1,340,000

Status Change Info

Pending Date: 2019-02-22 Closed Date: 2019-03-08 Closed Price: 1340000

Property Features

Location: Mobile Home Park Property Uses: Mobile/Trailer Park Parking: 21+ Spaces; On Site Electric: Circuit Breakers; On Site Sewer: Public Sewer Water: Public Sold Terms Other: Arms Length
Listing Office: The Dot Fernald Team, Inc.
IDX
Last Updated: December - 28 - 2024
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