1230 CongressPortland, ME 04102

  • Hospitality properties
  • 91,868 SF
Off market
$48,147,280 Estimated

Property Details for 1230 Congress

Year built
1973
Lot size
4.81 AC
Property size (Sq ft)
91,868 SF
Property type
Hospitality properties
Property subtype
Hotels
APN
PTLD M:189 B:A014001
APU
PTLDM189BA014001

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $17,251,632
    6.5%
    $15,924,584
    7%
    $14,787,113
  • Comparable approach

    Method
    Valuation
    Relative Method
    $28,208,162
    Geo Method
    $28,208,162
  • Alternative Use

    Use
    Valuation
    Residential
    $17,385,018
    Hospitality
    $15,924,584
    Educational
    $13,249,067
    Medical
    $13,704,722
    Retail
    $20,609,660
1230 Congress, Portland, Maine

Location Insight

City
Portland
County
Cumberland
State
Maine
Latitude
43.6561
Longitude
-70.29
CBSA code
38860
CBSA name
PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$180,125
$3,240,900
$9,259,100
$12,500,000
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-
-
-

Property Visit Statistics

  • Visits by month
    6.1k
  • Visitors by month
    2.3k
  • Avg Time on site
    400 min

FAQs

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