Pegasus Realty Group
SQUARE FEET48,516
MLS#1659533
STATUSActive
PROPERTY TYPECommercial - Business
Property Description
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 onAttractive basis in a supply-constrained York County rental market with solid household incomes and limited competing rental stock85% 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.
Property Features
Property Type: Commercial - Business
Heating: Direct Vent Heater
Lot Size: 164.95 Acres
Roof Type: Metal, Pitched
Year Built: 1983
Feature Descriptions
Electric: Circuit Breakers
Exterior: Vinyl Siding
Flooring: Vinyl, Laminate, Carpet
Lot: Other Location
Parking: 21+ Spaces
Sewer: Private Sewer
Water: Private
Listed By / Shown By
Listed By
Agency Name: The Boulos Company
Agent Name: Noah Stebbins
Agency Phone: 207-772-1333
Shown By
Agent Name: Pegasus Realty Group
Agent Phone:
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
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277 Little Falls Road | MLS# 1659533
This commercial property located at 277 Little Falls Road, Hollis, ME 04042 is currently listed for sale with an asking price of $10,650,000. Search Hollis real estate on pegasusrealtygroup.masiellogrouprealestate.com today.