West Bethel Motel
Hospitality
for Sale
Sale Pending
| Catylist Listing ID: |
30794173 |
| Property Subtypes: |
Motel
|
| Status: |
Pending |
| 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: |
9/20/2022 |
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.
|
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 |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
1,134 |
1,870 |
| Median Age: |
43.25 |
44.31 |
| Households: |
500 |
825 |
|
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