302 Washburn St - Manufactured Housing/Mobile Housing FOR SALE


Caribou, ME 04736
$620,000 USD
650-218-1995
302 Washburn St, Caribou, ME for Sale
$620,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/15
null | Request Cap Rate

302 Washburn St
Caribou, ME 04736


HIGHLIGHTS

  • Competitive acquisition price of $620,000 for a strong-performing asset.
  • Located in Caribou, a central hub with access to regional employers and retail.
  • Convenient access to U.S. Route 1 and regional transportation routes.
  • Call listing broker for more information

OVERVIEW

This mobile home park in Caribou, Maine presents an exceptional investment opportunity with strong fundamentals and room for future growth. Positioned in a residential area with convenient access to shopping, schools, and essential services, the property offers a stable source of income with long-term upside potential. Caribou is a key community within Aroostook County, creating consistent demand for affordable housing. The park’s infrastructure and layout support efficient operations and tenant satisfaction. Affordable manufactured housing communities continue to show resilience, and this property stands out for its blend of income stability, strategic location, and expansion potential. Investors will appreciate the property's accessibility, operational simplicity, and strong return prospects.

FOR SALE DETAILS

PRICE

$620,000 USD

PRICE/SF

$46 USD /SF

# OF UNITS

38

PRICE/UNIT

$16,316

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Caribou Stream Mobile Home Park

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1919

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6 AC

LAND SF

261,360 SF

ZONING

-

APN/PARCEL ID

CARI-000007-000000-000040

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.