Multifamily Portfolio | 120+ Residential Units
Multi-Family
for Sale
| Catylist Listing ID: |
30856180 |
| Property Subtypes: |
Duplex/Fourplex, Low-Rise/Garden, Mid-Rise, Other
|
| Number of Units: |
134 Units |
| Building Size (RSF): |
62,776 SF |
| Gross Building Area: |
See Agent |
| Sale Price: |
$5,650,000 |
| Unit Price: |
$42,164.18 Per Unit |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
11.0% |
| Last Updated: |
9/21/2023 |
Overview / Comments
GROUP SHOWINGS WILL BE HELD ON TUESDAY, SEPTEMBER 26, 2023 & THURSDAY, OCTOBER 5, 2023, RSVP WITH LISTING BROKER!
Multifamily portfolio for sale in downtown Augusta, ME. Sale includes 15 apartment buildings with rentals that range from single room occupancies to up to 4-bedroom apartments. Excellent historical occupancy with below market rents. An on-site management team makes this a turnkey investment with excellent cashflow. All of the buildings in this offering are located on or close to Water Street, which is home to retail shops, breweries, and local eateries.
Submit NDA for more information.
|
Additional Details
| Nearest MSA: |
Augusta-Waterville |
| County: |
Kennebec |
| Tax ID/APN: |
Varies |
| Zoning: |
RESIDENTIAL |
| On-Site Maintenance |
| Total Number of Buildings: |
15 |
| Heat Type: |
Other |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
1,252 |
9,790 |
21,195 |
| Median Age: |
44.14 |
42.28 |
44.07 |
| Households: |
547 |
4,610 |
9,732 |
|
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