Route 1 - Hospitality FOR SALE


Moody, ME 04054
$4,700,000 USD
207-773-4222
Route 1, Moody, ME for Sale
$4,700,000 USD
Hospitality - FOR SALE
1/20
null | Request Cap Rate

Route 1
Moody, ME 04054


HIGHLIGHTS

  • Recent renovations to guest rooms, suites and efficiencies
  • Recent improvements include new HVAC mini-splits in guest rooms for improved heating and air conditioning
  • New sprinkler system for lawns and landscaping

OVERVIEW

Ne’r Beach Motel is strategically located halfway between the vibrant communities of Ogunquit and Kennebunkport. This unique resort motel is an ideal investment opportunity for an owner/operator to benefit from an income property while enjoying the Maine Inn-keeping lifestyle. Strategically located on U.S. Route 1 the location provides excellent visibility to the resort complex and easy transportation via the trolley to shops, restaurants, area attractions, and Amtrak’s train from Boston to Portland. The property is close to Moody/Ogunquit Beach and has easy access to the Maine Turnpike (Wells Exit) and other popular area beaches.

FOR SALE DETAILS

PRICE

$4,700,000 USD

PRICE/SF

$296 USD /SF

# OF ROOMS

44

PRICE/ROOM

$106,818 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ne'r Beach Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1975

PARKING SPACES

45

LAND DETAILS

LAND ACRES

2.66 AC

LAND SF

115,870 SF

ZONING

GB

APN/PARCEL ID

WLLS-000110-000000-000015

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.