Multifamily Property For Sale - The Birches

201 Norris Point Road, Litchfield, ME, 04350

 
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Multifamily For Sale
Litchfield, ME
Maine

The Birches

 

201 Norris Point Road

Litchfield, Maine 04350
County: Kennebec
 
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  For Sale Active  
Type:Multifamily
Mobile Home/RV Community
No. Spaces:110
Lot Size:56.00 Acres
Price:$1,950,000
Price/Space:$17,727
Cap Rate:7.50%
Date Last
Verified:		1/8/2009
Property ID:15814002
 
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 Additional Information 

Property Description:
56.6+/- acres with 610+/- water frontage on the southeastern shore of Lake Cobbosseecontee. The lake is 9 miles long and 1 mile wide and is well known for its first-rate bass fishing.

The campground offers:
- 75 seasonal campsites
- 35 RV campsites
- 6 rustic Cottages
- 6 Park-model trailers
- 1 pop-up camper for rent
- Sandy swimming beach
- Concrete boat ramp
- Boat docks
- Lodge with fieldstone fireplace
- General store
- Arcade with video games; ping-pong, foos-ball
- Restaurant/ Snack Bar
- Laundry building with 3 washers and 4 dryers
- Clean Restrooms with Hot Showers

Location Description:
The Birches Family Campground is located on the southeastern shore of Lake Cobbosseecontee, in central Maine, between Lewiston and just south of Augusta, Maine's capital. It is conveniently located less than 15 miles from Interstate 95.

Property Types:Mobile Home/RV Community
Multifamily (land)
Leased Land
 Highlights 
•SELLER FINANCING AVAILABLE•Over 600 feet of lake frontage with sandy beach
 
•6 rental cottages and 6 park models located on lake•Large central lodge with fieldstone fireplace for gatherings
 
•Docks and deep water access for pleasure boating•The 5543 acre lake is known for its first-rate bass fishing
  Financial Summary Actual  
Net Operating Income:$146,250
 
  Space Mix Information
No Space Mix Information Provided
 
  Debt & Equity Information
No Debt & Equity Information Provided
7/22/2008
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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
 
 

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