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Investment Highlights

  • Competitive acquisition price of $620,000 for a strong-performing asset.
  • Convenient access to U.S. Route 1 and regional transportation routes.
  • Located in Caribou, a central hub with access to regional employers and retail.
  • Call listing broker for more information

Executive Summary

This mobile home park in Caribou, Maine presents an exceptional investment opportunity with strong fundamentals and room for future growth. Positioned in a residential area with convenient access to shopping, schools, and essential services, the property offers a stable source of income with long-term upside potential. Caribou is a key community within Aroostook County, creating consistent demand for affordable housing. The park’s infrastructure and layout support efficient operations and tenant satisfaction. Affordable manufactured housing communities continue to show resilience, and this property stands out for its blend of income stability, strategic location, and expansion potential. Investors will appreciate the property's accessibility, operational simplicity, and strong return prospects.

Property Facts

Price $620,000
Price Per Unit $16,316
Sale Type Investment
No. Units 38
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Building Class C
Lot Size 6.00 AC
Building Size 13,600 SF
No. Stories 1
Year Built/Renovated 1919/2024
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100

Property Taxes

Property Taxes

Parcel Number
CARI-000007-000000-000040
Land Assessment
$58,300
Improvements Assessment
$328,700
Total Assessment
$387,000
  • Listing ID: 41267946

  • Date on Market: 7/13/2026

  • Last Updated:

  • Address: 302 Washburn St, Caribou, ME 04736

Contact the Sale Advisor

Caribou Stream Mobile Home Park | 302 Washburn St

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