Gomberg Report >
Maine

Updated 5/2/2008
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Cumberland County | York County | Kennebec County | Penobscot County | Knox County | Androscoggin County | Sagadahoc County | Hancock County | Waldo County | Aroostook County
 

Cumberland County
Town
Property Description
Asking Price
Gross Income
Gross Multiplier
PPU
Comments
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 Portland

7 unit
635,000
80% Financing Available
67,800
9.36
89,285
Property consists of a 6 unit apartment and a single family home.  Heat and hot water is included in the rent.  Tenants pay electric.  There is ample parking at the rear.
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broker

Office/Retail Bldg.
700,000
Financing Available
75,238
9.3
Unique multi-tenant property in  downtown Portland. Katahdin Restaurant, a long-time successful eating establishment and the Chart Room Saloon occupy the first floor. There is an attached four story brick building which would make a nice condo/artist flats conversion
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 Westbrook
No current listings
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York County
Town
Property Description
Asking Price
Gross Income
Gross Multiplier
PPU
Comments
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 Old Orchard Beach

11 unit
New Listing
615,000
80% Financing Available
62,489
9.8
55,909
Property consists 11 units.  The bedroom mix is 1, 2 and 3 bedroom units.  With the exception of 1 unit, all tenants pay utilities.  Coin-operated laundry on site.
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Kennebec County
Town
Property Description
Asking Price
Gross Income
Gross Multiplier
PPU
Comments
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 Augusta
32 unit
1,149,000
80% Financing Available
211,224
5.44
35,906
Apartment complex with 18 1BR, 12 2BR and 2 3BR units. Located in residential area. Strong rental history.
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18 unit
799,000
80% Financing Available
89,393
8.94
44,388
Property consists of five apartment buildings in one location on dead end street.  West side location.
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 Gardiner
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Penobscot County
Town
Property Description
Asking Price
Gross Income
Gross Multiplier
PPU
Comments
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 Bangor

Office Bldg.
1,690,000 Financing Available
227,240
7.44
Modern office building in downtown Bangor. Perfect location for user or investor.  Recent renovations incl. elevator, roof, HVAC state-of-art heat pumps, carpeting & significant tenant improvements.  Built by bank in 1974 & abutting city parking on 2-levels. 
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Knox County
Town
Property Description
Asking Price
Gross Income
Gross Multiplier
PPU
Comments
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Androscoggin County
Town
Property Description
Asking Price
Gross Income
Gross Multiplier
PPU
Comments
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Lewiston
23 unit
850,000
80% Financing Available
132,672
6.4
42,500
Property consists of 3 buildings on the same block with 20 apartments and one parking lot. Near Central Maine Medical Center.
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Sagadahoc County
Town
Property Description
Asking Price
Gross Income
Gross Multiplier
PPU
Comments
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 Bath
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Hancock County
Town
Property Description
Asking Price
Gross Income
Gross Multiplier
PPU
Comments
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Waldo County
Town
Property Description
Asking Price
Gross Income
Gross Multiplier
PPU
Comments
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Aroostook County
Town
Property Description
Asking Price
Gross Income
Gross Multiplier
PPU
Comments
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  Houlton
15 unit
675,000
90% Financing Available
90,000
7.5
45,000
1989 Apartment complex located in private cul-de-sac on 3+ acre lot.   2 1BR & 13 2BR units.  10% down with seller second
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