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INVESTMENT HIGHLIGHTS
- 18 comfortable and spacious guestrooms/suites
- Indoor heated swimming pool
- Brand new Amana heat pumps in all rooms and owners apartment
- Two-bedroom, two-bathroom owner/manager’s apartment
- Outdoor Patio area for guest use
- Ample parking
EXECUTIVE SUMMARY
PROPERTY FACTS Under Contract
| Price | $1,725,000 | Building Size | 7,180 SF |
| Price Per Room | $95,833 | No. Rooms | 18 |
| Sale Type | Investment | No. Stories | 2 |
| Sale Condition | Business Value Included | Year Built/Renovated | 1959/2024 |
| Property Type | Hospitality | Tenancy | Single |
| Property Subtype | Hotel | Parking Ratio | 3.48/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.60 AC | Opportunity Zone |
Yes
|
| Zoning | MDL-94 - Motels | ||
| Price | $1,725,000 |
| Price Per Room | $95,833 |
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.60 AC |
| Building Size | 7,180 SF |
| No. Rooms | 18 |
| No. Stories | 2 |
| Year Built/Renovated | 1959/2024 |
| Tenancy | Single |
| Parking Ratio | 3.48/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | MDL-94 - Motels |
AMENITIES
- Pool
- Indoor Pool
ABOUT 21 OCEAN PARK RD , SACO, ME 04072
Key features include an indoor heated pool and an inviting outdoor patio. The private two-bedroom owner’s apartment provides easy access to the front desk and lobby area for easy management and convenience. It includes a private deck and backyard for the owner. It benefits from its proximity to major transportation routes like Route 1 and the Maine Turnpike, facilitating easy access to a variety of local attractions. The property benefits from nearby demand drivers, including Old Orchard Beach, Funtown Splashtown USA, and Aquaboggan Water Park. The vibrant scenes of Portland, Saco, and Biddeford, with their array of restaurants, shops, and cultural sites, are easily accessible from the property. Whether for business or leisure, The Inn stands out as a uniquely positioned lodging establishment to accommodate a variety of needs.
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 18 | $135.00 | - |
PROPERTY TAXES
| Parcel Number | SACO-000034-000099 | Improvements Assessment | $734,200 |
| Land Assessment | $339,800 | Total Assessment | $1,074,000 |
PROPERTY TAXES
Presented by
Beach Area Motel | 21 Ocean Park Rd
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