Evergreen Terrace: Maine Housing
For Sale
Contact for pricing
Pending
27 Silver St, Clinton, ME 04927
83-lot manufactured housing community in Clinton, Maine.
Property SizeContact for details
Days on Market157
Property Features for 27 Silver St
General Information
Standard status
Pending
Class
C
Property subtype
Mobile Home Park
Occupancy
92%
Net Operating Income
$354,466
Building Details
Units
83
Listing Agency:
BWE Investment Sales
Listed By:
Parker Kelly · License #GA 385444
Source:
Crexi
Added: Mar 19
Changed: Aug 8
Last Checked: Aug 22 at 5:22PM
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 BWE Investment Sales
Investment Insights
Based on property information with market context.
Evergreen Terrace is an 83-lot manufactured housing community located in Clinton, Maine, positioned between Augusta and Waterville. The property is within the Augusta-Waterville Micropolitan Statistical Area. The community operates at 92% occupancy and includes 65 tenant-owned homes, 8 park-owned homes, and 3 rent-to-own units, with 7 vacant lots. The average in-place lot rent is $594 per month. Public water and sewer are billed back to residents, curbside trash is billed back, and electric and gas are direct billed to tenants. Road surfaces are asphalt with concrete driveways. On-site amenities include boat, vehicle, and equipment storage available for monthly rent. Clinton's proximity to Interstate 95 and state routes 11, 100, and 23, allows residents access to employment, healthcare, and retail services in Augusta and Waterville. The area's largest employers include Maine General Medical Center and Colby College. The region's median home price is approximately $281,200. Average 2-bedroom apartment rents in the area are approximately $1,300 per month.
Key Highlights
- High occupancy rate (92%) in a well‑maintained, tenant‑majority owned community.
- Located in Maine's most populous micropolitan area, offering convenient access to employment, healthcare, and retail.
- Significant lot rent discount (over 50%) compared to average 2‑bedroom apartment rents in the area, ensuring long‑term demand.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
71
Businesses Nearby
Explore this area
Business Placement
Demographics for 04927, ME
3,370
Population
1,528
Households
2.2
Avg Household Size
44
Median Age
19%
College-Educated
95%
High-School Grad
43.9 sq mi
ZIP Area
77
Density / Sq Mi
$74,544
Median Household Income
$38,289
Median Earnings
$1,122
Median Rent
$172,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - 83-lot manufactured housing community in Clinton, Maine.
Where is this mobile home & rv park located?
The property is located at 27 Silver St Clinton, ME.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: High occupancy rate (92%) in a well‑maintained, tenant‑majority owned community.; Located in Maine's most populous micropolitan area, offering convenient access to employment, healthcare, and retail.; Significant lot rent discount (over 50%) compared to average 2‑bedroom apartment rents in the area, ensuring long‑term demand.
