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455 Kennedy Memorial Dr
Waterville, ME 04901
Asking Price
$4.90M
Asset Type
Hotel Hospitality
Class
Class B
What's Special
Recently Renovated 50 key hotel <ul><li>Recently Renovated 50 key hotel</li><li>Two Builidngs <ul><li>Main Builidng<ul><li>20 keys</li><li>Manager’s Apartment (could be converted to a King Suite)</li><li>Fully Renovated in 2022-2023</li><li>Two Story </li></ul></li><li>Annex Building<ul><li>15 keys</li><li>All King Rooms</li><li>Fully Renovated in 2022-2023</li><li>One Story</li><li>Exterior Corridor</li></ul></li></ul></li></ul>
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NOI
$80,000
Cap Rate
1.63%
DSCR
0.27
Underwater
Cash-on-Cash
-14.35%
Monthly Payment
$24,242.526
Annual Cash Flow
$-210,910.318