The Brunswick Landing Portfolio offers investors a rare opportunity to make a large, strategic purchase in the Midcoast area of Maine by acquiring 7 apartment communities, totaling 597 units. The Portfolio consists of a combination of high quality, condo-style townhouses, garden-style apartment units, single-family homes and military-designed housing units, with excess land for additional development.
The portfolio, in part or whole, is being offered on a rolling basis.
" The asking price for the entire portfolio (A & B) is
$54,000,000.
" The asking price for Portfolio A only is $46,000,000.
" A co-brokerage fee is available to cooperating brokers.
See Listing Broker for details.
Brunswick and Topsham, commonly referred to in Maine as the Midcoast , are located approximately 30 minutes north of Portland, Maine' s largest city, and approximately 2 hours north of Boston. The Midcoast area consists of approximately 95,000 people within a 15 mile radius and is considered a bedroom community of Portland. The Cooks Corner area of Brunswick, where six of the seven housing communities are located, includes the former Brunswick Naval Air Station which was closed in 2011 and has since been successfully redeveloped into a market-rate office and industrial business park. Cooks Corner is considered the commercial and retail hub for the Midcoast.
In Topsham, Patriot Commons is located adjacent to Topsham' s high, middle and elementary schools (known as Mt. Ararat) and just minutes from Exit 31 of I-295 and the Topsham Fair Mall area.
