Multifamily portfolio for sale in downtown Augusta, ME, the state capital. Sale includes 15 apartment buildings with rentals that range from single room occupancies up to 4-bedroom apartments. Strong historical occupancy with upside potential for rent growth. Significant capital improvements recently completed. An on-site management team makes this a turnkey investment with excellent cash flow. All the buildings in this offering are located on or close to Water Street, which is home to retail shops, breweries, and local eateries.
Financials available upon signing of an NDA.