US Route 202, Winthrop, ME 04364

$1,175,000
Property Type: Commercial Lot Size (sq. ft.): 653,400 Status: Closed
Current Price: $1,175,000 List Date: 6/19/2019 Last Modified: 12/31/2024

Description

Winthrop Lakes Estate is a 55 and older park that is licensed for 43 lots, and all lots are completely developed. The park is serviced with Public Water and Public Sewer, and the Town of Winthrop mails the bills directly to each tenant. The Sewer Department sends one bill to the owner quarterly, and he sends a bill to each tenant quarterly. The lots are large and very private. The lot rent should be increased, and a new owner could purchase one home at a time or 5 homes at a time, set them up, and sell them. There are no reasons why a new owner couldn't make $10,000 profit on each home. There are numerous potential for this park! You can't develop a park like this one at the selling price.

Supplements: ********

More Information MLS# 1420683

Location Information

Book: 8579 Leased Land: No Page: 035 Map: 009 Lot: 035 Association Y/N: No Street #: US Street Name: Route 202 County: Kennebec Town: Winthrop State/Province: ME Zip Code: 04364 Zoning: Mobile Home Park Full Tax Amount $: 10819 Tax Year: 2018 Geo Lat: 44.32035 Geo Lon: -69.91775

Property Information

Primary Use: General Commercial Surveyed: Unknown Deed/Conveyance Type Offered: Warranty Deed: All Deed Restrictions: Unknown Lot Size Acres +/-: 15 Tenancy: Multiple Tenants Leases: Yes

Property Uses

Mobile/Trailer Park: 1

Parking

21+ Spaces: 1 On Site: 1

Electric

Circuit Breakers: 1 Fuses: 1 On Site: 1

Sewer

Public Sewer: 1

Water

Public: 1

Sold Info

Appraiser Email Address: gary@savardappraisal.com

Sold Terms Other

Arms Length: 1

Contract Information

Status: Closed Original List Price: 1300000 Sold Price: $1,175,000 Current Price: $1,175,000

Status Change Info

Pending Date: 2019-08-01 Closed Date: 2019-10-29 Closed Price: 1175000

Property Features

Property Uses: Mobile/Trailer Park Parking: 21+ Spaces; On Site Electric: Circuit Breakers; Fuses; On Site Sewer: Public Sewer Water: Public Sold Terms Other: Arms Length
Listing Office: The Dot Fernald Team, Inc.
IDX
Last Updated: December - 31 - 2024
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