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489 Farmington Falls Rd
Farmington, ME 04938
Asking Price
$1.79M
Asset Type
Motel Hospitality
Class
Class B
What's Special
Western Maine Motel | 39 Keys | $50,000/key <ul><li>39 guestrooms, including suites and select units with kitchenettes</li><li>Two-bedroom owner/manager's apartment</li><li>In-house laundry as well as guest coin-op laundry</li><li>6.25 acres</li><li>Close to lakes, skiing, and 4-season outdoor recreation</li><li>Also available as part of a portfolio</li></ul>
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NOI
$80,000
Cap Rate
4.46%
DSCR
0.75
Underwater
Cash-on-Cash
-4.93%
Monthly Payment
$8,880.681
Annual Cash Flow
$-26,568.167