3 1st St - Manufactured Housing/Mobile Housing FOR SALE


Houlton, ME 04730
$2,900,000 USD
650-218-1995
3 1st St, Houlton, ME for Sale
$2,900,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/42
null | Request Cap Rate

3 1st St
Houlton, ME 04730


HIGHLIGHTS

  • 55-pad mobile home community with 40 occupied homes for established cash flow.
  • Located in Houlton, a hub for Aroostook County, offering access to services and employment.
  • Easy access to U.S. Route 1 and I-95 enhances regional connectivity.
  • Call listing broker for more information

OVERVIEW

This is a rare opportunity to acquire a well-established mobile home community in the heart of Houlton, Maine. The property features 55 total pads with 40 currently occupied, offering immediate income and significant upside potential for investors. With strong occupancy and stable tenant relationships, this park delivers consistent cash flow while leaving room for increased profitability as remaining pads are filled. Located near local amenities, schools, and major roadways, the community provides convenient living for residents and easy access to employers and services. The sizeable lot and layout create efficiencies for long-term operations and scalability. This investment combines income stability with future growth prospects, making it an attractive addition to any portfolio.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$2,610 USD /SF

# OF UNITS

55

PRICE/UNIT

$52,727

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Houlton Mobile Home Park

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

PARKING SPACES

-

LAND DETAILS

LAND ACRES

18.4 AC

LAND SF

801,504 SF

ZONING

RURAL

APN/PARCEL ID

HOUL-000035-000000-000024

ASK ABOUT THIS PROPERTY

Tony BrettkellyLatitude 38 GroupMore Info
650-218-1995

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Tony BrettkellyLatitude 38 GroupMore Info
650-218-1995

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.