About this home
Don't miss this opportunity to acquire a well-maintained 11-site manufactured housing community situated on 5.5± scenic acres with strong in-place income and future upside. Surrounded by mature trees and offering a peaceful country setting, this established investment combines reliable cash flow with the potential for long-term appreciation. The community features 11 total sites, including 2 park-owned homes and 9 tenant-owned homes, creating an attractive ownership structure that minimizes maintenance responsibilities while providing consistent rental income. Current operations generate an impressive annual gross income of $86,700 and a net operating income of $74,223, making this an ideal addition to an investment portfolio. The property has been thoughtfully maintained with infrastructure improvements that include a pump house equipped with updated electrical, two new expansion tanks, sand/salt storage, utility storage, and additional overhead storage above. The park is serviced by two septic systems with leach fields, and all homes are connected to underground electrical service with individual meters, providing efficient utility management. With 5.5 acres, the property may offer future expansion potential, subject to buyer verification with the local municipality, creating an exciting opportunity to increase value over time. Whether you're looking to expand your manufactured housing portfolio or invest in one of the real estate market's most resilient asset classes, this turnkey community offers the perfect blend of stable income, low operating expenses, and room for future growth. Strong cash flow. Low-maintenance ownership. Future growth potential. Opportunities like this are increasingly difficult to find. Broker is related to sellers.
Listing last checked: Listing updated:
Listed by Listing Agent · Five Star Realty · MLS #1670413
Request property information
Select a document to start a request. You can add others in the form. Availability varies.
Details at a glance
Building3 property facts
- Style
- Multi Family
- Foundation
- Poured Concrete
- Roof
- Metal, Shingle
Land & utilities4 property facts
- Lot size
- 5.5 acres
- Water
- Private, Well
- Sewer
- Private Sewer
- Zoning
- RB-2
Financial2 property facts
- Annual taxes
- $3,344
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $999,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$5,330 / monthAdjust
- Principal & interest
- $5,051
- Property tax
- $279
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $3,344. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add 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.
Explore more of New Gloucester
Continue your search in New Gloucester.
Need help making sense of this home?
About 229 Spring Valley Lane
Can I request a private showing?
Request a tour of 229 Spring Valley Lane 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.

