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.
Active under contract
$999,000
229 Spring Valley Lane, New Gloucester, ME 04260
5beds
800sqft
Multi Family
Built in 1900
-- sqft lot
$983,000 Zestimate®
$1,249/sqft
$-- HOA
What's special
Surrounded by mature treesPeaceful country setting
- 39 days
- 67
- 2
Zillow last checked:
Listing updated:
Listed by:
Five Star Realty
Source: Maine Listings,MLS#: 1674870
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Cooling
- None
Features
- 1st Floor Bedroom, Bathtub, Shower
- Flooring: Carpet, Laminate
- Basement: None
Interior area
- Total structure area: 800
- Total interior livable area: 800 sqft
- Finished area above ground: 800
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: Gravel, Paved, 21+ Spaces, On Site, Other
Lot
- Size: 5.5 Acres
- Features: Mobile Home Park, Level, Open Lot, Wooded
Details
- Zoning: RB-2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Multi Family
Materials
- Mobile, Wood Frame, Vinyl Siding
- Foundation: Slab
- Roof: Metal,Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers, Underground
- Sewer: Private Sewer
- Water: Private, Well
Community & HOA
Location
- Region: New Gloucester
Financial & listing details
- Price per square foot: $1,249/sqft
- Annual tax amount: $3,344
- Date on market: 8/5/2026
- Road surface type: Paved
- Body type: Single Wide
Estimated market value
$983,000
$934,000 - $1.03M
$2,156/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/20/2026 | Contingent | $999,000$1,249/sqft |
Source: | ||
| 8/5/2026 | Listed for sale | $999,000$1,249/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment





