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11-Site Manufactured Housing Community

229 Spring Valley Lane, New Gloucester, ME 04260

For Sale
$899,000

The site mix combines two park-owned homes with nine tenant-owned homes.

Property Size750 SF
Lot Size5.50 Acres
Price / SF$1,198
Days on Market129

Property Features for 229 Spring Valley Lane

General Information

Standard status Active
Size 750 SF
Lot size 5.50 Acres
Property subtype Commercial
Zoning RB-2
Net Operating Income $74,223

Units

Mobile Home Lots 11
Park-Owned Homes 2
Individually Metered Utilities electricity

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Additional Details

Gross Income $86,700
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $3,344

Amenities

Storage

Building Details

Building Size 750 SF
Listing Agency: Five Star Realty
Listed By: Rebecca Marcinuk
Source: Amerorealty
Added: Jul 6 Changed: Nov 8 Last Checked: Nov 10 at 4:07PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Five Star Realty

Rey
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Investment Insights

Based on property information with market context.

This manufactured housing community occupies 5.5± acres and contains 11 sites: two with park-owned homes and nine with tenant-owned homes. Improvements include a pump house with updated electrical, two expansion tanks, sand and salt storage, utility storage, and overhead storage. Two septic systems with leach fields serve the property; homes connect to underground electrical service with individual meters. The zoning designation is RB-2.

Located at 229 Spring Valley Lane in New Gloucester, Maine, the property has mature trees across the grounds. Its site count, ownership mix, utility systems, and support structures define the existing community.

Key Highlights

  • 11 sites across 5.5± acres
  • Two park‑owned homes and nine tenant‑owned homes
  • RB‑2 zoning

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

10
Businesses Nearby

Demographics for 04260, ME

5,676
Population
2,274
Households
2.5
Avg Household Size
43
Median Age
33%
College-Educated
96%
High-School Grad
47.1 sq mi
ZIP Area
121
Density / Sq Mi
$107,781
Median Household Income
$49,507
Median Earnings
$1,270
Median Rent
$316,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mobile home & RV park - The site mix combines two park-owned homes with nine tenant-owned homes.
Where is this mobile home & rv park located?
The property is located at 229 Spring Valley Lane New Gloucester, ME.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 11 sites across 5.5± acres; Two park‑owned homes and nine tenant‑owned homes; RB‑2 zoning
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