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Back Forty Back Forty Back Forty

Property Overview

Price/Rent PSF $ 325,000.00
Asset Type Multifamily
Trade Type Sale
SQ. FT. Available 5,500
Date Available 10/02/2019
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Description

Location
Located in quintessential small New England town in the Lakes & Mountain region of Maine. The property is nestled in the foothills of Oxford County in close proximity to many recreational lakes and mountains including Sunday River, Mount. Abrams and Shawnee Peak. Less than 30-minute drive to the Oxford Casino and Hotel.

Sale
Located in Western Maine Lakes & Mountain region this historic mill building has been restored to an 8 unit apartment building offering 440' of water frontage with scenic water views for all units. Units are nicely built-out with rustic post and beam look. The building is owner-occupied and self-managed with long term tenants at below-market rents. Possibility to expand to 10 units.
The location and layout of the property make it ideal for a mix of both long term and short-term rental making this truly a once in a lifetime type of property.

Location

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