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Listed by Colliers International
$5,950,000
5,878 SqFt
UPDATED:
Key Details
Property Type Commercial Sale
Sub Type Multi Family
Listing Status Active
Square Footage 5,878 sqft
MLS Listing ID 1616966
HOA Y/N No
Originating Board Maine Listings
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Multi Family
Property Description
PROPERTY BEING SOLD AS A PACKAGE WITH 14 OTHER BUILDINGS. PLEASE SIGN NDA FOR FULL OFFERING MEMORANDUM. ALL PROPERTY DISCLOSURES AVAILABLE UPON REQUEST.
Multifamily portfolio for sale in downtown Augusta, ME. Sale includes 15 apartment buildings with rentals that range from single room occupancies to up to 4-bedroom apartments. Excellent historical occupancy with additional room to go up on rents. Significant capital improvements have positioned this for a smooth transition to new ownership. An on-site management team makes this a turnkey investment with excellent cashflow. All of the buildings in this offering are located on or close to Water Street, which is home to many retail shops, breweries, and local eateries.
Multifamily portfolio for sale in downtown Augusta, ME. Sale includes 15 apartment buildings with rentals that range from single room occupancies to up to 4-bedroom apartments. Excellent historical occupancy with additional room to go up on rents. Significant capital improvements have positioned this for a smooth transition to new ownership. An on-site management team makes this a turnkey investment with excellent cashflow. All of the buildings in this offering are located on or close to Water Street, which is home to many retail shops, breweries, and local eateries.
Location
State ME
County Kennebec
Zoning KBD1
Exterior
Parking Features On Site
View Y/N No
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