Log In/Sign Up
Your email has been sent.
434 Tate Rd - Town & Country Mobile Home Park 8,640 SF Specialty Building Offered at $1,059,464 CAD at a 6.33% Cap Rate in Corinth, ME 04427
Investment Highlights
- 39 acres with room to add more pads and homes
- All tenant owned homes. 2 homes are RTO
- 18 developed lots that are 100% occupied
Executive Summary
Town & Country MHP is licensed for 39 sites and is situated on 39 acres in Corinth, Maine with a mixture of open land and trees. 18 developed lots with 100% tenancy. 16 Tenant Owned Homes and 2 Rent to Own Homes. Gravel road, new well in 2022, and eight septic systems. Manager on site, all age community, and potential to expand!
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$112,700
|
$13.04
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$112,700
|
$13.04
|
| Taxes |
$5,576
|
$0.65
|
| Operating Expenses |
$40,071
|
$4.64
|
| Total Expenses |
$45,647
|
$5.28
|
| Net Operating Income |
$67,052
|
$7.76
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $112,700 |
| Annual Per SF | $13.04 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $112,700 |
| Annual Per SF | $13.04 |
| Taxes (CAD) | |
|---|---|
| Annual | $5,576 |
| Annual Per SF | $0.65 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $40,071 |
| Annual Per SF | $4.64 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $45,647 |
| Annual Per SF | $5.28 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $67,052 |
| Annual Per SF | $7.76 |
Property Facts
| Price | $1,059,464 CAD | Building Class | C |
| Price Per SF | $122.62 CAD | Lot Size | 39.00 AC |
| Sale Type | Investment or Owner User | Building Size | 8,640 SF |
| Cap Rate | 6.33% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1970 |
| Property Subtype | Trailer/Camper Park |
| Price | $1,059,464 CAD |
| Price Per SF | $122.62 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.33% |
| Property Type | Specialty |
| Property Subtype | Trailer/Camper Park |
| Building Class | C |
| Lot Size | 39.00 AC |
| Building Size | 8,640 SF |
| No. Stories | 1 |
| Year Built | 1970 |
1 1
1 of 37
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
434 Tate Rd - Town & Country Mobile Home Park
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.