Great Investment Opportunity

Special Purpose for Sale
Sale Pending
Catylist Listing ID: 30867957
Status: Pending
Building Size (RSF): 800 SF
Gross Building Area: See Agent
Gross Land Area: 1.47 Acres
Sale Price: $249,800
Property Use Type: Investment
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 3/23/2024

Overview / Comments

Discover an unparalleled investment opportunity close to Downtown Fairfield. This 1.47 surveyed parcel not only boasts a town-approved development plan for 9 mobile home sites but is already generating income with 4 mobile homes on-site, and an additional one pad ready for a new single wide home. One mobile home is owned by the Park Owner, providing immediate revenue. The park offers substantial development potential with 4 additional sites ready for expansion, prepped with essential water and sewer stubs, providing significant potential profit growth. Located in a prime area, a stone's throw from downtown, schools, shopping, the interstate, and recreational parks and trails, this park combines convenience with great appeal. Seize this rare chance to develop a mobile home park per your vision, capitalizing on its existing infrastructure and strategic location for optimal profitability.

Additional Details

Nearest MSA: Augusta-Waterville
County: Kennebec
Tax ID/APN: 25120_023-071
Largest Nearby Street: Main Street
Highway Access: Within 3 Miles
Site Description: Open, Level lot Surveyed
Lot Frontage: 248
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,142 21,309 33,691
Median Age: 38.45 39.02 40.79
Households: 1,813 8,706 13,917


Photograph of Listing Agent

Kimberly Hawkes

NECPE Member
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