Bought with The Dot Fernald Team, Inc.
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Key Details
Sold Price $220,000
Property Type Commercial Sale
Sub Type Multi Family
Listing Status Sold
Square Footage 1,000 sqft
MLS Listing ID 1581454
Sold Date 06/21/24
HOA Y/N No
Originating Board Maine Listings
Annual Tax Amount $1,745
Tax Year 2023
Lot Size 4.000 Acres
Acres 4.0
Property Description
Great opportunity to own a turnkey, 13 pad mobile home park situated on 4 acres in Ashland, Maine! This park offers a 13.95% cap rate, has minimal expenses, is easy to operate, a friendly community, and great potential. Public water & sewer (1 home has private septic), private utility meters for each home and paid by tenants, and one street that is easy to maintain. Three homes on site for renovation allowing the new owner to create immediate upside in rents. Consistent occupancy and a waiting list for prospective tenants when units become available. 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!
Location
State ME
County Aroostook
Zoning Mobile Home Park
Exterior
Garage Reserved, 1 - 4 Spaces, On Site
View Y/N No
Parking Type Reserved, 1 - 4 Spaces, On Site
Building
Lot Description Mobile Home Park, Rural
Foundation Gravel/Pad
Sewer Public Sewer
Water Public
Structure Type Mobile
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Paul Rondeau
Broker Associate | License ID: BA923327
Broker Associate License ID: BA923327