Maine 8-Park Portfolio
For Sale
Contact for pricing
291 North Ave, Skowhegan, ME 04976
Portfolio of eight manufactured housing communities in Maine.
Property SizeContact for details
Lot Size85.00 Acres
Days on Market167
Property Features for 291 North Ave
General Information
Standard status
Active
Lot size
85.00 Acres
Property subtype
Mobile Home Park
Building Details
Units
216
Listing Agency:
The MHP Broker
Listed By:
Maxwell Baker · License #GA 335885
Source:
Crexi
Added: Feb 26
Changed: Aug 8
Last Checked: Jul 20 at 6:28AM
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 The MHP Broker
Investment Insights
Based on property information with market context.
The Maine 8-Park Portfolio features a collection of eight manufactured housing communities situated throughout Maine. The portfolio encompasses 216 lots across approximately 85 acres. The unit mix includes 69 occupied park-owned homes, 51 tenant-owned homes, 9 rent-to-own units, 27 vacant park-owned homes, and 60 vacant lots. The vacant park-owned homes offer an opportunity to increase revenue through lease-up, while the vacant lots provide infill upside. The majority of the communities are serviced by city water and sewer. The portfolio generates approximately $972,000 in combined annual income. Seven of the eight communities are within an hour’s drive, allowing for efficient management oversight. The portfolio is located within a state known for its strong demand for affordable housing, stable rental fundamentals, and limited new manufactured housing development. This offering represents a rare opportunity to acquire a 216-lot portfolio with in-place cash flow, infrastructure stability, and substantial value-add potential in one of New England’s most supply-constrained housing markets.
Key Highlights
- Portfolio of 8 manufactured housing communities (216 lots) in Maine.
- Significant revenue growth potential through lease‑up of 27 vacant park‑owned homes (POH) and infill of 60 vacant lots.
- Current annual income of approximately $972,000 with a 9.59% CAP rate.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
78
Businesses Nearby
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Business Placement
Demographics for 04976, ME
9,937
Population
4,967
Households
2
Avg Household Size
45
Median Age
24%
College-Educated
94%
High-School Grad
99.6 sq mi
ZIP Area
100
Density / Sq Mi
$55,245
Median Household Income
$34,897
Median Earnings
$869
Median Rent
$159,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Portfolio of eight manufactured housing communities in Maine.
Where is this mobile home & rv park located?
The property is located at 291 North Ave Skowhegan, ME.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: Portfolio of 8 manufactured housing communities (216 lots) in Maine.; Significant revenue growth potential through lease‑up of 27 vacant park‑owned homes (POH) and infill of 60 vacant lots.; Current annual income of approximately $972,000 with a 9.59% CAP rate.
