Catylist ID:
#30864187
| Catylist Listing ID: | 30864187 |
| Property Subtypes: | Extended Stay, Hotel, Inn, Motel |
| Number of Units: | 21 Units |
| Building Size (RSF): | See Agent |
| Gross Building Area: | See Agent |
| Gross Land Area: | 4.48 Acres |
| Sale Price: | $1,799,000 |
| Unit Price: | $85,666.67 Per Unit |
| Property Use Type: | Investment |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/23/2024 |
Overview / Comments
|
20 unit Motel with with additional 3 bedroom house An unparalleled investment opportunity awaits discerning investors at 337 Commercial Street, Rockport, ME 04856 – the prestigious Schooner Bay Motor Inn. Positioned in the heart of Rockport, Maine this property epitomizes coastal elegance and presents a strategic investment in Maine's flourishing tourism industry. |
Attachments & Media
Financials
| Finance Data Year | 2023 |
|---|---|
| Real Estate Taxes - Annual($) | $13,412 (Annual) |
Additional Details
| Nearest MSA: | Bangor |
| County: | Knox |
| Tax ID/APN: | 020-107 |
| Zoning: | V |
Demographic Statistics
| Proximity: | 3 miles | 5 miles |
|---|---|---|
| Total Population: | 5,539 | 14,120 |
| Median Age: | 51.99 | 48.41 |
| Households: | 2,624 | 6,573 |
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