Mexico Multi-Family Portfolio
Multi-Family
for Sale
| Catylist Listing ID: |
30861849 |
| Property Subtypes: |
Mid-Rise
|
| Number of Units: |
20 Units |
| Building Size (RSF): |
15,900 SF |
| Gross Building Area: |
See Agent |
| Sale Price: |
$275,000 |
| Unit Price: |
$13,750 Per Unit |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/16/2024 |
Overview / Comments
|
Don't miss this exclusive value-add opportunity: a 20-unit portfolio sale comprising properties at 125 Main Street, 183 Main Street, 71 Granite Street, 9 Holman Avenue, and 39 Kimball Avenue in Mexico, Maine. This diverse portfolio includes 18 residential units, 2 commercial units, and 3 available garage spaces for rent. Offering high vacancies and rents below market rates, it presents an ideal prospect for growth and long-term investment. Implementing value-add strategies can lead to substantial equity returns. Conveniently situated around Downtown Mexico, these properties boast proximity to restaurants, shops, public amenities, and more—a prime investment in a thriving locale!
|
Additional Details
| Nearest MSA: |
Lewiston-Auburn |
| County: |
Oxford |
| Tax ID/APN: |
1 |
| Zoning: |
RES |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
2,866 |
5,262 |
8,711 |
| Median Age: |
39.78 |
43.32 |
44.8 |
| Households: |
1,358 |
2,448 |
3,911 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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