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Loring Woods & Riverside Court MHP 149 Loring Commerce Rd 55 Unit Mobile Home Park $530,892 CAD ($9,653 CAD/Unit) 4% Cap Rate Limestone, ME 04750
Investment Highlights
- 55-pad mobile home park listed at $395,000.
- Quiet community setting enhances resident appeal and retention.
- Proximity to Loring Commerce Centre and area employment hubs.
- Call listing broker for more information.
Executive Summary
This 55-pad mobile home community in Limestone, Maine offers unmatched value and significant upside for investors seeking an affordable acquisition with long-term growth potential. Its position near Loring Commerce Centre and key regional employers lensures steady housing demand in a market driven by affordability. Situated within a quiet area with convenient access to local amenities and services, the park presents the opportunity to stabilize operations and enhance income through infill and improved occupancy. Demand for manufactured housing remains strong in northern Maine, making this property a strategic investment for those focused on recurring cash flow and future appreciation. With its competitive price and scalable layout, 149 Loring Commerce Rd is an ideal candidate for investors looking to expand their portfolio in a resilient asset class.
Property Facts
| Price | $530,892 CAD | Property Subtype | Manufactured Housing/Mobile Home |
| Price Per Unit | $9,653 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 4% | Lot Size | 19.00 AC |
| Sale Condition | Deferred Maintenance | Building Size | 4,000 SF |
| Gross Rent Multiplier | 12 | No. Stories | 1 |
| No. Units | 55 | Year Built/Renovated | 1960/2026 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Zoning | Mobile Home Park and - Mobile Home Park | ||
| Price | $530,892 CAD |
| Price Per Unit | $9,653 CAD |
| Sale Type | Investment |
| Cap Rate | 4% |
| Sale Condition | Deferred Maintenance |
| Gross Rent Multiplier | 12 |
| No. Units | 55 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 19.00 AC |
| Building Size | 4,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1960/2026 |
| Opportunity Zone |
Yes |
| Zoning | Mobile Home Park and - Mobile Home Park |
Amenities
- Smoke Detector
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Yard
- Deck
- Dining Room
- Lawn
- Vinyl Flooring
Site Amenities
- Walking/Biking Trails
- Private Bathroom
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Loring Woods & Riverside Court MHP | 149 Loring Commerce Rd
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