INDIAN RUN ESTATES

DRESDEN, MAINE

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

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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). 

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Listed By:

Jonathon McClellan

(216) 264-2023

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Kyle Baskin

(216) 264-2059

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Connor Outcalt

(216) 264-2029

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John Horowitz

Broker of Record - Massachusetts

License 1000303

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Jennifer Athas

Broker of Record - Maine

License DB919281