563 Access Hwy - Hospitality FOR SALE


Caribou, ME 04736
$425,000 USD
650-218-1995
563 Access Hwy, Caribou, ME for Sale
$425,000 USD
Hospitality - FOR SALE
1/8
null | Request Cap Rate

563 Access Hwy
Caribou, ME 04736


HIGHLIGHTS

  • 29-pad mobile home community offered at $425,000.
  • Strategic location on Access Hwy providing high connectivity and visibility.
  • Serves strong local demand for affordable housing in northern Maine.
  • Call listing broker for more information.

OVERVIEW

This 29-pad mobile home park in Caribou, Maine delivers a blend of stability and growth potential in a region with consistent demand for affordable housing. Well-situated along Access Highway, the property offers convenient connectivity to local businesses, retail centers, and essential services, ensuring tenant satisfaction. Caribou serves as an economic hub within Aroostook County, providing a reliable tenant base and sustained occupancy trends. With its manageable size and solid infrastructure, this community presents an attractive opportunity for investors seeking recurring income with room to scale. Value-add upside exists through improved occupancy and operational efficiencies, positioning this asset as a strong addition to any investment portfolio. Affordable manufactured housing remains highly resilient and in demand, reinforcing the long-term viability of this property.

FOR SALE DETAILS

PRICE

$425,000 USD

PRICE/SF

$43 USD /SF

# OF ROOMS

20

PRICE/ROOM

$21,250 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Riverside Motor Court

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1956

PARKING SPACES

28

LAND DETAILS

LAND ACRES

11 AC

LAND SF

479,160 SF

ZONING

Commercial

APN/PARCEL ID

CARI-000015-000000-000033

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.