INDIAN RUN ESTATES

DRESDEN, MAINE

Indian Run Estates

Property Highlights

SITES

OCCUPANCY

AVERAGE SITE RENT

2019 NOI

PRO FORMA NOI

PRICE PER SITE

CAP RATE

TOTAL PRICE

40

98%

$310

$53,440

$96,684

$36,125

6.69%

$1,445,000

Investment Highlights

  • Opportunity to Acquire an All-Age Manufactured Housing Community Located in Maine
     

  • 98 Percent Occupancy

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Property Overview

Marcus & Millichap is pleased to present the opportunity to acquire a manufactured housing communities located in Maine. Indian Run Estates is serviced by private water and sewer (well/septic) and contains 40 sites that are 98 percent occupied. The community is situated on 5 acres and allows room for 22 expansion sites located near the Kennebec River and 50 minutes north of Portland (45 Miles). 

Listed By:

Jonathon McClellan

(216) 264-2023

Jonathon.McClellan@marcusmillichap.com

Kyle Baskin

(216) 264-2059

Kyle.Baskin@marcusmillichap.com

Connor Outcalt

(216) 264-2029

Connor.Outcalt@marcusmillichap.com

John Horowitz

Broker of Record - Massachusetts

License 1000303

Jennifer Athas

Broker of Record - Maine

License DB919281

GET IN TOUCH:

SOCIAL LINKS:

Jonathon McClellan
Senior Managing Director Investments

Jonathon.McClellan@marcusmillichap.com

(216) 264-2023

Kyle Baskin

Senior Managing Director Investments

Kyle.Baskin@marcusmillichap.com

(216) 264-2059

Jacqueline Sawchik

Executive Assistant | Marketing Coordinator

Jacqueline.Sawchik@marcusmillichap.com

(216) 264-2062

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© 2017 by McClellan & Baskin MHC Group