45 Church St is amulti-family property for lease in East Millinocket, ME.
The Park consists of 38 existing pads, and is license with the State of Maine for 38 sites. There are 12 +/- acres, and the Town owns & maintains the roads, and water and sewer are all individually metered and are billed directly to the tenants from the water & sewer department. There is a 28x120 Storage Building with 9 bays that are all rented at $65.00 per month. There are 8 vacant pads that could be rented for potential future revenue of $14,880.00 annually. The park rent has not had an increase in 2 years, and could be increased immediately to $155.00 per month. Existing Revenue is $55,620 and Expenses are $6,833.00.