Language and Region
Currency

This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.

Email*

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Send me a copy

943 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Rockport Suites 242 Commercial St

21 Room Hotel Rockport, ME 04856 £1,647,261 (£78,441/Room) 9.61% Net Initial Yield

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Executive Summary

20 unit motel + 1 apartment located at 242 Commercial St, Rockport ME which is minutes to Camden ME which is a popular tourist destination known for its natural beauty, cultural heritage, and summer community with an abundance of popular restaurants and shopping! Keep this property as a motel or use for Air BnB making the upside on this property limitless!

doc03993620241016141751

Property Facts

Price	£1,647,261	Lot Size	3.26 AC
Price Per Room	£78,441	Building Size	13,648 SF
Sale Type	Investment	No. Rooms	21
Net Initial Yield	9.61%	Number of Floors	1
Property Type	Hospitality	Year Built/Renovated	1970/2020
Property Subtype	Hotel	Parking Ratio	1.17/1,000 SF
Building Class	C	Corridor	Exterior

Price	£1,647,261
Price Per Room	£78,441
Sale Type	Investment
Net Initial Yield	9.61%
Property Type	Hospitality
Property Subtype	Hotel
Building Class	C
Lot Size	3.26 AC
Building Size	13,648 SF
No. Rooms	21
Number of Floors	1
Year Built/Renovated	1970/2020
Parking Ratio	1.17/1,000 SF
Corridor	Exterior