We are proud to present the exciting opportunity for hospitality investors to acquire a 36-unit establishment in the heart of the renowned midcoast Maine region. Boasting a strategic location along highly-traveled Route 1, this well-established property offers investors an ideal blend of New England charm, modern amenities, and an abundance of potential growth.
The property features an exterior corridor layout, providing guests with easy access to region’s various attractions. The thoughtfully designed rooms and suites offer a variety of options, including kings and queens with one, two, and three bed units, complete with mini- refrigerators, flat screen TVs, sitting area, and several offer porches or patios. Amenities include a heated outdoor pool with sundeck, covered terrace with tables for breakfast, in-house laundry, staff housing unit, and an owner’s or manager’s apartment.
With a strong presence in the midcoast market, the inn offers investors in- place cash flow with potential for additional upside through an expanded season and increased operating efficiencies
- 36 well-appointed guest rooms and suites with various accommodation options
- Exterior entrances for guest ease
- Manager’s apartment and unit for staff housing
- Heated outdoor pool and sundeck
- Covered terrace with seating for breakfast
- Guest laundry facility
- 3+/- acres of well-manicured grounds and gardens connecting to PenBay Medical Center’s new 1.5-mile walking and fitness loop
- Potential year-round investment with strong cash flow in place
