Catylist ID:
#30864187
Coastal Hospitality Opportunity
Hospitality
for Sale
Sale Pending
Catylist Listing ID: | 30864187 |
Property Subtypes: | Extended Stay, Hotel, Inn, Motel |
Status: | Pending |
Number of Units: | 21 Units |
Building Size (RSF): | See Agent |
Gross Building Area: | See Agent |
Gross Land Area: | 4.48 Acres |
Sale Price: | $1,799,000 |
Unit Price: | $85,666.67 Per Unit |
Property Use Type: | Investment |
Sale Terms: | Cash to Seller |
Cap Rate: | Undisclosed |
Last Updated: | 8/15/2024 |
Overview / Comments
20 unit Motel with with additional 3 bedroom house An unparalleled investment opportunity awaits discerning investors at 337 Commercial Street, Rockport, ME 04856 – the prestigious Schooner Bay Motor Inn. Positioned in the heart of Rockport, Maine this property epitomizes coastal elegance and presents a strategic investment in Maine's flourishing tourism industry. |
Attachments & Media
Financials
Finance Data Year | 2023 |
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Real Estate Taxes - Annual($) | $13,412 (Annual) |
Additional Details
Nearest MSA: | Bangor |
County: | Knox |
Tax ID/APN: | 020-107 |
Zoning: | V |
Demographic Statistics
Proximity: | 3 miles | 5 miles |
---|---|---|
Total Population: | 5,539 | 14,120 |
Median Age: | 51.99 | 48.41 |
Households: | 2,624 | 6,573 |
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