Value-Add 17 Unit Multifamily Portfolio Multi-Family FOR SALE


Lincoln, ME
$1,305,000 USD
850-420-1286
, Lincoln, ME for Sale
$1,305,000 USD
Multi-Family - FOR SALE
1/1
null | 7.5% Cap Rate

Value-Add 17 Unit Multifamily Portfolio
Lincoln, ME


HIGHLIGHTS

  • Opportunity to acquire a portfolio of four residential properties and one commercial property across established Maine rental markets.
  • Total offering includes 17 residential units plus one commercial space, priced at $1,305,000 with a 7.5% cap rate.
  • Current ownership has completed significant capital improvements and operational upgrades for enhanced efficiency and reduced maintenance.
  • Recent improvements include structural updates, system upgrades, and modernization efforts across multiple assets.
  • Stabilized operations with potential for continued value-add strategies and long-term income growth.

OVERVIEW

Improved Maine Multifamily Investment Portfolio Opportunity to acquire a portfolio of 4 residential properties and 1 commercial property across established Maine rental markets. The current owner has completed significant capital improvements and operational upgrades across the portfolio, resulting in improved efficiency, reduced maintenance needs, and stabilized operations. Recent improvements include: • Property renovations and deferred maintenance addressed • Systems and infrastructure upgrades across multiple properties • Operational and management improvements including upgraded tracking and management systems • Improved tenant quality and leasing processes The portfolio represents a well-maintained investment with potential for long-term appreciation. Ideal for investors seeking stabilized assets with many major improvements already completed. The property within Millinocket is 3 - 4 units with an extra commercial space.

ASK ABOUT THIS PROPERTY

Eric GoldsteinSelf EmployedMore Info
850-420-1286

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Eric GoldsteinSelf EmployedMore Info
850-420-1286

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