Property profile

15 Rock Maple Rd Harrington, ME 04643

FOR SALE
Commercial real estate
Property ID
US42-0352506
1,000 SF 10.7 ac lot
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Property summary

AI-generated overview

This exceptional investment opportunity presents a well-established and updated mobile home park situated on a sprawling 10.7-acre lot at 15 Rock Maple Road, Harrington, ME. The park currently boasts nine lots, eight of which are occupied by paying tenants, generating consistent rental income. The property's location on the Cherryfield/Harrington town line, just off Route 1, provides convenient access to the charming coastal community and its surrounding attractions. Its proximity to Bar Harbor and the breathtaking Acadia National Park adds significant appeal to both residents and potential investors. The substantial acreage offers considerable potential for expansion, allowing for the addition of more mobile homes to increase revenue streams. Alternatively, the ample land provides a unique opportunity to build a private residence, creating a tranquil retreat within the park's setting. The existing infrastructure is updated and well-maintained, minimizing immediate capital expenditure needs. With its strong rental occupancy, prime location, and expansive land, this property presents a compelling investment opportunity with diverse possibilities for growth and development. The 1,000 square foot building on the property is included in the sale price of $199,900. This is a rare chance to acquire a thriving mobile home park in a highly desirable coastal Maine location.

Property profile

Verified
Property type Commercial real estate
Total area 1,000 SF
Lot 10.7 ac (466,092 SF)
UPID US42-0352506

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

15 Rock Maple Rd Harrington, ME 04643
Harrington metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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