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65 Whitten Rd
Augusta, ME 04330
Maine Evergreen Hotel, Ascend Collection · Hospitality Property For Sale · 74 Rooms

INVESTMENT HIGHLIGHTS

  • Augusta Market provides year round demand. Relatively no major seasonal drops.
  • Captures Guests Looking for Exterior, Interior or Long Term Extended Stay
  • Consistent Revenue Performer Year After Year

PROPERTY FACTS

Property Type Hospitality
Property Subtype
Hotel
  • Hospitality Hotel
Building Class B
Lot Size 2.60 AC
Building Size 35,019 SF
No. Rooms 74
No. Stories 3
Year Built/Renovated 1972/2022
Tenancy Single
Parking Ratio 1.68/1,000 SF
Corridor Interior
Zoning General Development

AMENITIES

  • Business Center
  • Fitness Center
  • Pool
  • Restaurant
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Public Access Wifi
  • Smoke-Free

ABOUT 65 WHITTEN RD , AUGUSTA, ME 04330

Consistently Strong Revenue $1.75M in 2017, $1.9M in 2018 and, $1.85M in 2019 Fantastic Guest Reviews and Franchise Scores Voted Choice Hotel of The Year! Platinum Award Winner 10 years in a row! Proudly and meticulously managed by same family for over 25 years Excellent STR Report Metrics 3 Story Building with Interior/Exterior Combination 2 Out buildings for Long Term Stay Guests or Managers Apartment Excellent Visibility abd Accessibility Off Busy Interstate 95 Closeby All Major Demand Generators in Market Excellent UPSIDE opportunity for new operator to normalize expenses and immediately impact NOI

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
AUGU-000092-000003
Land Assessment
$555,000
Improvements Assessment
$2,211,100
Total Assessment
$2,766,100
  • Listing ID: 18754765

  • Date on Market: 3/5/2020

  • Last Updated:

  • Address: 65 Whitten Rd, Augusta, ME 04330

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