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Updated Mobile Home Park
For Sale
$3,400,000

Rte 182 Franklin Road, Hancock, ME 04640

Fully occupied community with park- and resident-owned homes, private roads, and dedicated water and sewer systems.

Property Size10,000 SF
Price / SF$340
Days on Market187

Property Features for Rte 182 Franklin Road

General Information

Standard status Active
Size 10,000 SF
Property subtype Commercial
Occupancy 100%
Lease Term []

Additional Details

Utilities to Site Yes
Multifamily Units 42
Listing Agency: The Dot Fernald Team,Inc.
Listed By: Erika Robert · License #BA922398
Source: Portsiderealestategroup
Added: Apr 15 Changed: Oct 13 Last Checked: Oct 16 at 8:47AM

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.

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Investment Insights

Based on property information with market context.

Birchtree Meadows is a 42-home mobile home park with 21 park-owned homes and 21 homes owned by residents. The community is 100% occupied and includes a private road, water service, and sewer infrastructure.

Capital improvements have addressed the park’s drainage, electrical, water, septic, and leach-field systems. Work includes updated water lines, new valves, a replacement pump, a backup pump, septic pump additions, repaired septic lines, and a leach field capacity upgrade. Additional improvements include culverts, septic tank repairs and risers, and upgrades to the pump house with backup heat, a dehumidifier, and insulation. An engineering report is on file, and ongoing maintenance is performed by Cashley Builders.

Key Highlights

  • 42‑home mobile home park with 100% occupancy
  • 21 park‑owned homes and 21 tenant‑owned homes
  • Water, sewer, private road, and on‑site utility systems

Property Analytics

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Current Use

Mobile home & RV ...

Suggested Use

Top Pick Electrical Service Storage Facility Garden Center Carpet & Flooring Store Big Box & Wholesale Store Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

42
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

6
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Fully occupied community with park- and resident-owned homes, private roads, and dedicated water and sewer systems.
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 $3,400,000.
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; Water, sewer, private road, and on‑site utility systems
More about this property
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