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Property profile & analytics
FOR SALE
Mobile home & RV parks

1135 Bragdon Rd Wells, ME 04090

6.07 ac lot
Property ID
US42-0365624
1135 Bragdon Rd, Wells, ME 04090 For Sale
$575,000
1135 Bragdon Rd, Wells, ME 04090
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Property summary
AI-generated overview

This exceptional investment opportunity presents a 13-unit mobile home park situated on a 6.07-acre lot in Wells, Maine. The property, identified by APN 30-016 and located at 1135 Bragdon Rd, Wells, ME 04090, is zoned R-Rural and boasts a strong 8.03% capitalization rate. Currently, all 13 pads are occupied by tenant-owned homes, each generating a monthly rental income of $525. This translates to a price per unit of $68,846.15, offering a compelling return on investment. The park benefits from its convenient location, less than 15 minutes from area beaches and just 4 miles from the Maine Turnpike, ensuring easy access for residents and potential future tenants. The property is classified as a Class B multifamily investment and presents a low-management, high-return opportunity. The current owner, Lahey Industries, LLC, is offering this property for $895,000. This represents a rare chance to acquire a well-established, high-performing mobile home park in a desirable coastal Maine location. The property's strong occupancy rate and consistent rental income stream make it an attractive addition to any real estate portfolio.

Property profile
Verified
Property type Mobile home & RV parks
Lot 6.07 ac (264,409 SF)
UPID US42-0365624
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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