West Bethel Motel

Hospitality for Sale
Catylist Listing ID: 30794173
Property Subtypes: Motel
Number of Units: 16 Units
Building Size (RSF): 9,600 SF
Gross Building Area: See Agent
Gross Land Area: 8 Acres
Sale Price: $975,000
Unit Price: $60,937.50 Per Unit
Property Use Type: Investment
Building Name: West Bethel Motel
Name of Establishment: West Bethel Motel
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/20/2022

Overview / Comments

Turn-Key renovated 16 Room Motel, with WIFI, mini-fridge, microwave, and Direct TV. Guest Lounge has a full kitchen and a guest laundry room. Rooms have either a Single Queen, Two Queen size beds, or Two Full-Size Beds. The property also includes an owner/manager 3 bedroom home and office. The motel sits on 8+/- acres of land providing potential development opportunities.

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Additional Details

Nearest MSA: Lewiston-Auburn
County: Oxford
Submarket Type: Other
Tax ID/APN: 17020_11-027-003
Zoning: COMMERCIAL
Area Description: Conveniently located in West Bethel, close to all the activities the Bethel area has to offer. Here you’ll find top-notch outdoor recreation opportunities in all seasons. Hiking, mountain biking, fishing, canoeing, kayaking, golf, and sightseeing during the summer. In the winter months, the West Bethel Motel is 10 minutes from some of the best alpine skiing in the east at Sunday River and 15 minutes from Mt. Abram family-friendly ski area and mountain bike park, plus plenty of Nordic skiing, snowshoeing, snowmobiling, and a great après ski scene.
Year Built: 1950

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,134 1,870
Median Age: 43.25 44.31
Households: 500 825

Contact

Photograph of Listing Agent

David Costello

RockWater Group / KW Commercial
NECPE Member
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