7 Turbats Creek Rd - Hospitality FOR SALE


Kennebunkport, ME 04046
$4,500,000 USD
207-773-4222
7 Turbats Creek Rd, Kennebunkport, ME for Sale
$4,500,000 USD
Hospitality - FOR SALE
1/9
null | Request Cap Rate

7 Turbats Creek Rd
Kennebunkport, ME 04046


HIGHLIGHTS

  • The Inn is well-maintained and fully operational, allowing for a seamless transition to new ownership and providing an immediate revenue stream.
  • With 4.2 acres, there is adequate land for the expansion of Guest Amenities such as fire pits, cornhole bocce ball and possibly a tennis court
  • Pending zoning approval, space is more than sufficient to add a small poolside bar to service the pool and hotel guests.
  • Currently hosts few events, limited to elopements. Events & hosting destination weddings of varying sizes offer the potential for significant addition

OVERVIEW

Nestled in the charming town of Kennebunkport among beautifully landscaped grounds, this hotel is centrally located just moments from shopping and restaurants, many recreational activities, and several beaches. The hotel offers 27 comfortable and spacious guest rooms with thoughtful amenities, including a sunny outdoor pool and staff housing. A rare opportunity to acquire one of Kennebunkport’s last family-owned hotels.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$485 USD /SF

# OF ROOMS

27

PRICE/ROOM

$166,667 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Lodge at Turbat's Creek

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1978

PARKING SPACES

44

LAND DETAILS

LAND ACRES

4.2 AC

LAND SF

182,877 SF

ZONING

VRE

APN/PARCEL ID

KENP-000021-000001-000006

ASK ABOUT THIS PROPERTY

Roger DaigleDaigle Commercial Group IncMore Info
207-773-4222

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Roger DaigleDaigle Commercial Group IncMore Info
207-773-4222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.