382 Water

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Property Description:

PROPERTY BEING SOLD AS A PACKAGE WITH 14 OTHER BUILDINGS. PLEASE SIGN NDA FOR FULL OFFERING MEMORANDUM. Multifamily portfolio for sale in downtown Augusta, ME. Sale includes 15 apartment buildings with rentals that range from single room occupancies to up to 4-bedroom apartments. Excellent historical occupancy with additional room to go up on rents. Significant capital improvements have positioned this for a smooth transition to new ownership. An on-site management team makes this a turnkey investment with excellent cashflow. All of the buildings in this offering are located on or close to Water Street, which is home to many retail shops, breweries, and local eateries.

Price:
$5,950,000
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Address: 382 Water StreetCity: Augusta
State: MEBuilding Area Total: 5878

Home Features

Lot Size Square Feet: 4791.6Parking Features: On Site
List Office Name: Colliers International

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