Log In/Sign Up
Your email has been sent.
Salmon Brook Mobile Home Park 41 Brookside Cir 21 Unit Mobile Home Park $523,997 CAD ($24,952 CAD/Unit) 14% Cap Rate Washburn, ME 04786
Investment Highlights
- 21-pad mobile home park offered at $380,000 for a competitive entry point.
- Rising demand in northern Maine positions this property for future appreciation.
- Income $74,000
- Strong connectivity to Route 164 and surrounding highways for easy access.
- Call listing broker for more information.
- Expenses $20,855
Executive Summary
This 21-pad mobile home park in Washburn, Maine offers investors a well-positioned asset in a community with steady demand for affordable housing. Located just minutes from Presque Isle, the property benefits from proximity to major amenities, employment centers, and essential services, providing strong appeal for long-term tenants. The manageable size allows for efficient operations and reduced overhead costs, making it a strategic option for entry-level investors or those looking to expand their manufactured housing portfolio. Future upside potential exists through occupancy optimization and implementing value-add strategies. With the affordability niche continuing to perform well nationwide, this property offers stable income with room for growth.
Property Facts
| Price | $523,997 CAD | Property Subtype | Manufactured Housing/Mobile Home |
| Price Per Unit | $24,952 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 12.00 AC |
| Cap Rate | 14% | Building Size | 10,000 SF |
| Gross Rent Multiplier | 5.1 | No. Stories | 1 |
| No. Units | 21 | Year Built | 1900 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Price | $523,997 CAD |
| Price Per Unit | $24,952 CAD |
| Sale Type | Investment |
| Cap Rate | 14% |
| Gross Rent Multiplier | 5.1 |
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 12.00 AC |
| Building Size | 10,000 SF |
| No. Stories | 1 |
| Year Built | 1900 |
| Opportunity Zone |
Yes |
1 1
Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Salmon Brook Mobile Home Park | 41 Brookside Cir
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.