Current Use by Public Records
- Commercial real estate
Property Details for Carroll Ave Ave
- Lot size
- 56.00 lot acres
- Property type
- Commercial real estate
Description
Exceptional investment opportunity in Standish, ME, presents Northeastern Estates Mobile Home Park, a 56-acre property encompassing 37 spacious lots, 32 currently occupied, and 5 vacant lots ready for development. This unique offering also includes an income-generating duplex located at a separate address. All mobile homes are tenant-owned, providing a consistent income stream with minimal management responsibilities. Individual septic systems are in place for each lot. The park offers a peaceful, wooded setting while remaining conveniently located near essential amenities. The vacant lots present significant potential for revenue expansion, and the duplex provides additional income generation. This property is ideal for investors seeking a stable, high-yield return with opportunities for future growth. The combination of occupied lots, vacant lots, and the duplex creates a diversified income stream. The tenant-owned homes minimize management burdens, allowing for a more passive investment strategy. This is a rare opportunity to acquire a well-established mobile home park with substantial upside potential in a desirable location. The property's size and existing infrastructure make it an attractive investment for both seasoned and novice investors. Schedule a viewing to fully appreciate the potential of this exceptional property.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Standish
- County
- Cumberland
- State
- Maine
- Longitude
- -70.5536
- Latitude
- 43.7668
