48 units, turnkey, fully managed by owner, Central Maine 2.9M

[Kenneth LaVoie]

My wife and I are considering retirement and have a 48 unit residential rental real estate portfolio located in Waterville-Winslow Maine to sell. It is well run, stable, and cash flows nicely.

Waterville Maine is home to Ivy League Colby College, Thomas College, a thriving downtown, and first-rate medical center.

More details and a PDF flyer (including lists of upgrades, photos and financial data) can be found at www.realestateme.com and I can be reached at (207) 873-9321 or [email protected]

We are offering a negotiable “finders fee” for any referrals leading to a sale.

Highlights:

• 11 Buildings totaling 48 units
• Turnkey "package deal" or pick and choose
• Good mix of buildings: 1-11 units each.
• 2 Mile radius of each other in Waterville/Winslow Maine
• $368,000 gross income (increased since last posting)
• Lots of improvements, weatherization & energy upgrades
• All buildings JUST passed radon tests (good for 10 years!)
• $2,901,000 asking price
• Complete management & maintenance team in place
• We are willing to manage the portfolio for a pre-determined amount of time if need be.

Stay well, and thanks for your time.