229 Spring Valley Lane, New Gloucester, ME 04260 (MLS # 1670413)

Price $999,000
Status Active
Size 750 sqft
Lot Size 5.50 ac
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.
Property Type(s): Commercial
Last Updated 7/6/2026 Year Built 0
County Cumberland

Additional Details

BASEMENT None
CONSTRUCTION Frame, Vinyl Siding
INTERIOR Storage
LOT 5.5 acre(s)
LOT DIMENSIONS 5.5
MLS STATUS Active
PARKING On Site, Paved
SEWER Private Sewer
TAXES 3344
UTILITIES Propane
WATER Private, Well
Listing provided by Five Star Realty

Listing data is derived in whole or in part from the Maine IDX & is for consumers'' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.© 2026 Maine Real Estate Information System, Inc. All Rights Reserved.

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