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Confidential 80 - Unit So. Maine Motel

Listed by Steve Farrar
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Proximity to the Ocean

Location/Address: Rte1
City: Wells
State: Maine
Zip: 04090
Asking Price: $2,830,000
Number of Rooms/Units: 80
Floors: 2
Year Built: 1975
Square Feet: 34,819
Lot Size: 5 acres
Annual Property Tax: 19,220
Status: Active
Gross Income: $ 690,000.


Property Description: Tremendous Motel Investment; Excellent Cash Flows - Grossing approx. $690,000. per Summer Season. Plenty of upside for a new owner; approx. 5 acres of beautifully landscaped grounds; easy access to area beaches & amenities; 80 Rooms; Owner's or Manager's home; pool, tennis courts, and family barbecue area.
Area Description: Located in the heart of So. Maine's most popular "gold coast" area. Several beautiful beaches nearby, many small shops, golf courses, restaurants in the area. Approx. 1 hour from Boston.

Zoning: GB
Water: Public
Sewer: Public
Heating System: Electric
Parking: Ample
Air Conditioning: Indiividual
Alarm System: N/A


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Listed by: Steve Farrar
Phone: 877-646-5333
Mobile/Cell: 207-329-5427
Fax: 207-646-6719
Homepage: http://commercialassocs.com



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