Northern Maine Motel

Expired Hospitality for Sale
Catylist Listing ID: 30314822
Property Subtypes: Motel
Number of Units: 50 Units
Building Size (RSF): See Agent
Gross Building Area: See Agent
Sale Price: $2,995,000
Unit Price: $59,900 Per Unit
Property Use Type: Business
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 1/11/2019

Overview / Comments

This well-known property is a strong performer. Conveniently located at the intersection of US Route 1 and I-95. Snowmobilers and four wheel enthusiasts enjoy easy access to the Interstate Trail System.

PROPERTY HIGHLIGHTS
8.4 acres of well-landscaped grounds with beautiful gardens, patios and a barbecue area with grills for guest use
50 spacious, recently renovated smoke-free rooms and suites
O’Kelly’s Irish Pub
Nearby to mountains, rivers, lakes, golf courses and historic downtown Houlton

Additional Details

Nearest MSA: Bangor
County: Aroostook
Tax ID/APN: 028-0-018-000-000
Zoning: HIGHWAY BUSINESS
Property Visibility: Excellent
Construction/Siding: Brick, Stone
Heat Source: Heat Pump
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 6,123 6,123
Median Age: 42.88 42.88
Households: 2,556 2,556

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