6 Lk Rd DrMattawamkeag, ME 04459

Property Details for 6 Lk Rd Dr

Year built

1974

Lot size

4.70 AC

Property type

Other commercial real estate

Description

This exceptional investment opportunity presents a 12-lot trailer park situated on a spacious 4.7-acre lot at 6 Lake Road Drive, Mattawamkeag, Maine. Currently operating on a month-to-month lease basis for all lots, this property offers significant potential for growth and development. The seller does not own any of the mobile homes currently on the lots. A key feature is the existing well, currently supplying water to the park from the adjacent owner-occupied home. However, a recent survey has indicated the need for a new well dedicated solely to the trailer park, presenting an opportunity for immediate improvement and increased operational efficiency. The property is priced at $285,000, representing a compelling entry point into the Maine commercial real estate market. The substantial lot size provides ample space for potential expansion or future development. This property is being sold "as is," and buyers are encouraged to conduct their own due diligence. The absence of long-term leases provides flexibility for future management and income generation strategies. This is an ideal opportunity for an investor seeking a hands-on project with significant upside potential. The location in Mattawamkeag offers a stable community setting with potential for attracting tenants. The property's current configuration and the need for a new well present a unique opportunity to modernize and enhance the park's infrastructure, leading to increased profitability.

Location Insight

City

Mattawamkeag

County

Penobscot

State

Maine

Latitude

45.5551

Longitude

-68.3824

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