206 Dublin St Machias, ME 04654
- Investment properties
- 1.94 lot acres
Current Use by Public Records
- Investment properties
Property Details for 206 Dublin St
- Year built
- 1900
- Lot size
- 1.94 lot acres
- Property type
- Investment properties
Description
This exceptional investment opportunity presents a well-maintained 12-unit mobile home park situated on a spacious 1.94-acre lot in Machias, ME, at 206 Dublin Street. Currently boasting 10 occupied units, this park offers immediate cash flow and significant upside potential. The park is conveniently located near all essential amenities, ensuring ease of management and tenant attraction. Each lot includes city water and city sewer services, a significant advantage for both residents and the property owner. The current monthly lot rent is $350, providing a stable and predictable income stream. All units are currently owner-owned, simplifying management and reducing potential maintenance responsibilities. The park is licensed for 12 homes, leaving room for future expansion and increased revenue. This property represents a rare chance to acquire a well-established, easily managed mobile home park with a strong track record and substantial growth potential in a desirable location. The asking price is $449,000. This is an ideal investment for those seeking a stable, cash-flowing asset with significant long-term prospects. The property's location and existing infrastructure make it an attractive proposition for both seasoned investors and those new to the mobile home park market. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Machias
- County
- Washington
- State
- Maine
- Longitude
- -67.46738
- Latitude
- 44.70193
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property Visit Statistics
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Visits by month11.8k
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Visitors by month6.2k
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Avg Time on site13 min