149 Loring Commerce Rd Limestone, ME 04750
This exceptional investment opportunity presents a 19-acre mobile home park located at 149 Loring Commerce Road, Limestone, ME. The park, known as Loring Woods MHP, is licensed for 54 sites and currently boasts a mix of occupied and vacant units. The property features a naturally wooded setting with trees providing privacy between the lots. Essential infrastructure is in place, including a drilled well and a private septic system, both upgraded in 2008, ensuring reliable service for residents. Currently, four homes are occupied, while nine additional homes are on-site, offering potential for renovation or removal to create additional sites. The substantial acreage and existing infrastructure provide significant opportunities to expand the park's capacity and increase revenue streams. This property is ideal for an investor seeking a well-established mobile home park with considerable upside potential in a desirable location. The 1,000 square foot main building offers additional possibilities. The property's 17+ acres provide ample space for future development and expansion. This is a rare chance to acquire a well-maintained mobile home park with immediate income and significant long-term growth prospects. The existing infrastructure and the potential for expansion make this a truly compelling investment. Serious inquiries are encouraged.
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Loring Woods Campground & RV Park
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.