Mobile Home Park with Expansion
For Sale
$3,500,000
Rte 182 Franklin Road, Hancock, ME 04640
Forty-two-home mobile home park with utilities, private road, and documented system upgrades plus room to expand.
Property Size10,000 SF
Days on Market116
Property Features for Rte 182 Franklin Road
General Information
Standard status
Active
Size
10,000 SF
Property subtype
Commercial
Zoning
Commercial
Taxes and HOA fees
Annual Taxes
$19,172
Building Details
Building Size
10,000 SF
Listing Agency:
The Dot Fernald Team, Inc.
(207) 330-5290
Listed By:
Erika Robert · License #BA922398
(207) 330-5290
Source:
Startpoint
Added: Apr 29
Changed: Aug 12
Last Checked: Aug 21 at 2:36PM
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 Dot Fernald Team, Inc.
Investment Insights
Based on property information with market context.
Birchtree Meadows is a mobile home park with 42 homes that is currently 100% occupied. The community includes 21 park-owned homes and 21 tenant-owned homes, served by a private road and on-site water and sewer. The property has been updated and maintained, including utility system improvements and an engineering report on file.
The seller reports more than $500,000 in capital improvements, with upgrades to drainage, electrical, water, sewage, and leach field components. Reported enhancements include updated water lines, new valves, a new pump with backup capabilities, and related pump house work. Additional work includes septic pumps added, septic lines repaired to reduce ground-water infiltration, leach field repair with an indicated 50% capacity upgrade, and culvert additions. Additional road and drainage maintenance is also described, including repairs to the main road and added drainage improvements.
The property also offers expansion considerations, with the potential to add up to 6 more homes with proper permits and room for a 45-site expansion on up to 40 acres. This combination of full occupancy, established infrastructure, and documented capital upgrades may appeal to an operator looking for a maintained park with clearly described expansion possibilities. The seller would consider owner financing and may consider selling some park-owned homes while adjusting pricing.
The seller reports more than $500,000 in capital improvements, with upgrades to drainage, electrical, water, sewage, and leach field components. Reported enhancements include updated water lines, new valves, a new pump with backup capabilities, and related pump house work. Additional work includes septic pumps added, septic lines repaired to reduce ground-water infiltration, leach field repair with an indicated 50% capacity upgrade, and culvert additions. Additional road and drainage maintenance is also described, including repairs to the main road and added drainage improvements.
The property also offers expansion considerations, with the potential to add up to 6 more homes with proper permits and room for a 45-site expansion on up to 40 acres. This combination of full occupancy, established infrastructure, and documented capital upgrades may appeal to an operator looking for a maintained park with clearly described expansion possibilities. The seller would consider owner financing and may consider selling some park-owned homes while adjusting pricing.
Key Highlights
- 42‑home mobile home park with 100% occupancy
- 21 park‑owned homes and 21 tenant‑owned homes
- Private road plus water and sewer utilities
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
6
Businesses Nearby
Explore this area
Business Placement
Demographics for 04640, ME
2,421
Population
1,454
Households
1.7
Avg Household Size
49
Median Age
33%
College-Educated
95%
High-School Grad
29.3 sq mi
ZIP Area
83
Density / Sq Mi
$69,504
Median Household Income
$41,068
Median Earnings
$1,158
Median Rent
$237,900
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 - Forty-two-home mobile home park with utilities, private road, and documented system upgrades plus room to expand.
Where is this mobile home & rv park located?
The property is located at Rte 182 Franklin Road Hancock, ME.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 42‑home mobile home park with 100% occupancy; 21 park‑owned homes and 21 tenant‑owned homes; Private road plus water and sewer utilities
