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Bean Group
Offered at $399,000Under Contract
beds
—
baths
0
sq ft
999
Built
—

5267 Bennoch Road

Lagrange, ME 04453

About this home

This established mobile home park presents an excellent opportunity for investors seeking immediate income with significant upside potential. Set on approximately 50 acres, the park is currently improved with 8 home sites and is licensed for up to 20 units, leaving substantial room for future expansion. Infrastructure is already in place with two wells and four septic systems, each serving two units. The property includes seven park-owned mobile homes and one tenant-owned home that provides consistent lot rent income. An additional prepared lot is ready for another home, allowing for immediate expansion. Four of the park-owned homes are currently rented, while two are vacant, creating flexibility for an owner-occupant, additional rental income, or renovations before leasing. Many of the homes have been updated with improvements that enhance their appeal and reduce near-term maintenance needs. Whether you're looking to expand an existing investment portfolio or enter the mobile home park sector with a property that combines current cash flow and long-term growth potential, this park provides a rare opportunity. With expansion capacity, existing infrastructure, and acreage to support future development, the possibilities for increasing value and income are significant.

Listing last checked: Listing updated:

Listed by Listing Agent · Realty of Maine · MLS #1657168

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Details at a glance

Building3 property facts
Style
Multi Family
Foundation
Gravel/Pad
Roof
Metal
Land & utilities4 property facts
Lot size
50 acres
Water
Private, Well
Sewer
Private Sewer, Septic Tank, Shared Septic
Zoning
0

Location

Estimated monthly cost

Explore costs at the $399,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$2,018 / monthAdjust
Principal & interest
$2,018
Property tax
Not entered
Insurance
Not entered
HOA
Not entered

Annual property taxes were not supplied. HOA amount was not supplied.

Partial estimate: add property tax, insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 5267 Bennoch Road

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Request a tour of 5267 Bennoch Road and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.