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

229 Spring Valley Lane, New Gloucester, ME 04260

$999,000
Property Type: Commercial Square Footage: 750 Lot Size (sq. ft.): 239,580 Status: Active
Current Price: $999,000 List Date: 7/06/2026 Last Modified: 10/02/2026

Overview

Description

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 servi ...

Listing Details MLS# 1670413

Location Information

Street #
229
Street Name
Spring Valley
Street Type
Lane
County
Cumberland
Town
New Gloucester
State/Province
ME
Zip Code
04260
Leased Land
No
Book
37137
Page
322
Map
9
Lot
14
Zoning
RB-2
Zoning Overlay
No
Full Tax Amount $
3344
Tax Year
2025
Tree Growth Y/N
No
Association Y/N
No

Contract Information

Original List Price
999000

Property Information

Primary Use
Multi Family
Surveyed
Unknown
Deed/Conveyance Type Offered
Quit Claim w/Covenant
Deed
All
SqFt Finished Total
750
Lot Size Acres +/-
5.5

Commercial Bldg Information

Gross Income
86700
Operating Expenses
12477
Total Units
11

Utilities

Utilities On
Yes

More Information

Property Features

Location: Mobile Home Park Construction: Mobile; Wood Frame Other Structures: Outbuilding Property Uses: Mobile/Trailer Park Basement: None Foundation Materials: Poured Concrete Exterior: Vinyl Siding Roof: Metal; Shingle Building Features: Overhead Doors; Storage Parking: 21+ Spaces; On Site; Other Parking; Paved Electric: Circuit Breakers; Underground Gas: Bottled Sewer: Private Sewer Water: Private; Well

Documents

IDX
Listing Office: Five Star Realty
Last Updated: October - 02 - 2026
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
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