Hollis, ME 04042
$10,650,000
The 6-property, 12-building, 63-unit multifamily 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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