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Presque Isle Portfolio 4 Properties Offered at $4,600,000 in Presque Isle, ME
Investment Highlights
- Portfolio includes a mix of residential apartments and ground-floor commercial spaces providing diversified income streams.
- Existing unit count offers scale, with additional upside potential through future residential expansion.
- Positioned in a regional hub serving Aroostook County, supporting consistent residential occupancy demand.
- Located along established Main Street corridors with direct access to Presque Isle’s central business activity.
- Retail components support steady tenant demand from local service-oriented businesses.
Executive Summary
Looking to add 40 units to your portfolio? This is the ONLY opportunity in the area! Look no further!
Made up of 37 residential units (1, 2, and 3 bedrooms) 3 commercial units (hair salon, tattoo parlor, blank commercial space) totaling 40 cash flowing units. Add a separate deeded city parking spaces to add 6 additional one bedroom units making 40 units turn to 46 possible.
Made up of 37 residential units (1, 2, and 3 bedrooms) 3 commercial units (hair salon, tattoo parlor, blank commercial space) totaling 40 cash flowing units. Add a separate deeded city parking spaces to add 6 additional one bedroom units making 40 units turn to 46 possible.
Property Facts
| Price | $4,600,000 | Status | Active |
| Price / SF | $169.57 / SF | Number of Properties | 4 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 7.83% | Total Building Size | 27,127 SF |
| Sale Type | Investment | Total Land Area | 0.79 AC |
| Price | $4,600,000 |
| Price / SF | $169.57 / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 7.83% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 27,127 SF |
| Total Land Area | 0.79 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 572 Main St, Presque Isle, ME 04769 | Multifamily | 10,000 SF | 1990 | - |
| 15 3rd St, Presque Isle, ME 04769 | Multifamily | 6,202 SF | 1990 | - |
| 295 Main St, Presque Isle, ME 04769 | Multifamily | 5,000 SF | 1930 | - |
| 477 Main St, Presque Isle, ME 04769 | Retail | 5,925 SF | 1910 | - |
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Presque Isle Portfolio