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For Sale

Hollis Apartment Portfolio

277 Little Falls Rd,
Hollis Center, ME 04042

Asset Snapshot

1983
Year Built
2015
Year Renovated
2
Floor Count
12
Building Count
63 Units
Unit Count
0 SF
Average Unit Size
48,516 SF
Property Size
98%
Occupancy

Offering Summary

Investment Overview

The portfolio comprises (2) one-bedroom, (60) twobedroom, and (1) three-bedroom townhouse-style units, featuring a well-balanced mix of layouts designed to meet a broad range of renter needs in Southern Maine. Highly uniform townhouse design reduces operational complexity (standardized finishes, mechanicals, and unit layouts). *Current management willing to stay on Attractive basis in a supply-constrained York County rental market with solid household incomes and limited competing rental stock 85% to 90% of the units have been rehabbed with new kitchens, flooring, paint, carpeting, etc., while all the properties feature newer metal roofs (2022) and pavement among other CapEx items.


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Listing Syndicated From

Buildout
For Sale
$10,650,000
Asking Price