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Listed by Jonathan Hyatt EXP Realty
$ 475,000
Est. payment /mo
Active
0 Orchard LN Lincoln, ME 04457
75,359 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 75,359 sqft
Price per Sqft $6
Subdivision Orchard Lane Mobile Home Park
MLS Listing ID 1670457
HOA Fees $350/mo
HOA Y/N Yes
Year Built 1990
Tax Year 2025
Lot Size 1.730 Acres
Acres 1.73
Property Sub-Type Multi Family
Source Maine Listings
Land Area 75359
Property Description
Investors: Secure a rare high-yield asset in the heart of Lincoln, Maine. Orchard Lane Mobile Home Park is a 15-lot community generating $67,200 in annual gross income with an impressive 8.75% Cap Rate. This stabilized property offers immediate cash flow with significant upside for the savvy investor:
Click Here for the Live Investment Analysis -> https://sparkpad-v2-pcs5.vercel.app/a/ryx5257q/orchard-lane-mhp-investment-analysis
Click Here for the Live Investment Analysis -> https://sparkpad-v2-pcs5.vercel.app/a/ryx5257q/orchard-lane-mhp-investment-analysis
Location
State ME
County Penobscot
Community Orchard Lane Mobile Home Park
Zoning None
Direction From Main Street (Route 2), head north and turn left onto Grindle Street. Continue to the end of the street. The property will be on your left.
Exterior
Parking Features 21+ Spaces, On Site
Building
Lot Description Downtown, Mobile Home Park, Near Shopping
Water Public
Others
Tax ID 0OrchardLaneLincoln04457
