1135 Bragdon Rd Wells, ME 04090
For Sale
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.
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
Similar Nearby for Lease
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.