1 min read

Malone Commercial Brokers is pleased to offer for sale a prime, multifamily building portfolio across three towns in Central Maine. Residential portfolios can be sold individually, or as a full portfolio with a total sale price of $12 million.

Residential portfolio in Clinton 

Sale price: $3.5 million

Totaling 38 units across 18 buildings, this fully leased multifamily, residential portfolio is located along Roderick and Hinckley Roads. Current gross annual income from the portfolio is $472,500. 

Rooming house portfolio in Madison

Sale price: $2 million

Located at 327 Shusta Road, this portfolio is anchored by an 8,884± SF, 27-room rooming house with commercial kitchen, and includes one tiny home, and three RV sites, all on 7.5± acres. Current gross annual income of $373,570. 

Mobile Home Park in Gardiner

Sale price: $6.5 million

The Iron Mine Mobile Home Park includes 42 park-owned homes with 100% occupancy, one three-unit apartment building and one rental garage, for a total of 46 units on 9.15± acres. Current gross annual income of $797,040. 

For more detailed financials and further inquiries, please contact Brandon Mitchell of Malone Commercial Brokers in Portland.

207.415-7982 | [email protected]