242 Commercial StRockport, ME 04856
High-Yield Coastal Maine Investment
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 113
Highlights
- $2,100,000 Asking Price
- 21-unit motel and apartment building in Rockport, ME
- 9.61% Cap Rate, $201,746 NOI, 100% Occupancy
- 8,264 square feet on a 3.26-acre lot
- Built in 1970, Renovated in 2020
- Value-Add investment opportunity.
Property Details for 242 Commercial St
- Property type
- Hospitality properties, Motels
- Square Feet
- 8,264 SF
- Year Built/Renovated
- 1970/2020
- Buildings
- 1
- Lot Size (sq. ft)
- 142,006 SF
- Units
- 21
Location Insight
- City
- Rockport
- County
- Knox
- State
- Maine
- Latitude
- 44.1840832
- Longitude
- -69.0827531
Nearby Similar for Sale
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