Route 182 Franklin Rd - Birchtree Meadows Mobile Home Park
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Route 182 Franklin Rd - Birchtree Meadows Mobile Home Park
72 Acres of Commercial Land Offered at $3,800,000 in Hancock, ME 04640
Investment Highlights
- Well maintained and updated park and utilities
- 23 park owned homes and 19 tenant owned homes. Can add 6 more now with more expansion capabilities
- 95% full with room for expansion
Executive Summary
Birchtree Meadows consists of 42 homes and could add up to 6 more! 23 Park Owned Homes, Private Road, Water, and Sewer. Updated and very well maintained mobile home park and utility systems. Room for expansion! Fantastic location with easy access to various bodies of water, golf courses, schools, recreation, shopping, and entertainment. So close to Ellsworth and just 35 minutes from Bar Harbor! Come check it out.
Financial Summary (Actual - 2024) |
Annual | Annual Per AC |
|---|---|---|
| Gross Rental Income |
$449,880
|
$6,248.33
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$449,880
|
$6,248.33
|
| Taxes |
$16,000
|
$222.22
|
| Operating Expenses |
$112,162
|
$1,557.81
|
| Total Expenses |
$128,162
|
$1,780.03
|
| Net Operating Income |
$321,718
|
$4,468.31
|
Financial Summary (Actual - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $449,880 |
| Annual Per AC | $6,248.33 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | $449,880 |
| Annual Per AC | $6,248.33 |
| Taxes | |
|---|---|
| Annual | $16,000 |
| Annual Per AC | $222.22 |
| Operating Expenses | |
|---|---|
| Annual | $112,162 |
| Annual Per AC | $1,557.81 |
| Total Expenses | |
|---|---|
| Annual | $128,162 |
| Annual Per AC | $1,780.03 |
| Net Operating Income | |
|---|---|
| Annual | $321,718 |
| Annual Per AC | $4,468.31 |
Property Facts
| Price | $3,800,000 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 72.00 AC |
| Price | $3,800,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 72.00 AC |
1 Lot Available
Lot
| Price | $3,800,000 | Lot Size | 72.00 AC |
| Price Per AC | $52,778 |
| Price | $3,800,000 |
| Price Per AC | $52,778 |
| Lot Size | 72.00 AC |
GPS Friendly, Easy Access, Close to Amenities, Close to Ellsworth and Bar Harbor
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Route 182 Franklin Rd - Birchtree Meadows Mobile Home Park
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