Catylist Listing ID: 30814219
Property Subtypes: Low-Rise/Garden
Number of Units: 45 Units
Building Size (RSF): 42,616 SF
Gross Building Area: See Agent
Sale Price: $5,625,000
Unit Price: $125,000 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller
Last Updated: 9/5/2022

Overview / Comments

Abode Apartments - 45-units, 7-buildings multi-family portfolio located in Lewiston, Maine. 29 1-bedroom units and 16 2-bedroom units, with many renovated historic period details and interior upgrades and finishes. Currently fully-occupied with excellent tenants, the Abode Apartments have had an impeccable occupancy history for the past 10 years under the current self-managed operation.

As a meticulously maintained and managed portfolio of turn-key, superior quality apartment units, Abode Apartments offers an investor an immediate, easy-to-operate package within a walkable several block neighborhood of the fast-growing Lewiston/Auburn market.

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Additional Details

Nearest MSA: Lewiston-Auburn
County: Androscoggin
Tax ID/APN: M195
Zoning: DR

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,794 46,754 59,530
Median Age: 31.97 36.57 38.35
Households: 7,976 19,842 25,186


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