Modern 12 unit apartment complex in Western Maine. Excellent numbers including a cap rate of 9.8%. Professional management in place. Sloped site has some views of Pleasant Mountain/Shawnee Peak. Property is split into 2 lots with 3 separate 4 unit buildings. All units are spacious 2 bedroom layouts. Many recent updates include deck & stair system, 6 new kitchens, stainless appliances, heating system, 2 new leach fields, etc. Possible condo conversion.
Waste Water DisposalPrivate, Septic Existing On Site
WaterPrivate, Well Existing On Site
Water HeaterOff Heating System
Address9-12 Troy Lane
Broker NameTown & Shore Associates LLC
Number of Photos35
Last Img Trans Date07/24/2017
Road Frontage DescriptionPaved
SiteOpen, Rolling/Sloping, Wooded
TransportationMajor Road Access
Sq Ft Finished Total9744
Vehicle StorageNo Vehicle Storage, Off Street Parking
Parking SpacesOn Site, Paved
Experience says it all:
I live 4hrs away from the house and land Phil has sold for me and I could not be happier. Phil has gone above and beyond, from checking on house during storm ,to doing repairs, to keeping me informed of local event, I consider Phil a friend and a great agent!