Dover-Foxcroft, ME
Property Description
Turnkey Income Opportunity in the Heart of the Maine Highlands - Peaks Kenny Motor Lodge Step into a proven income-producing property with deep local roots--Peaks Kenny Motor Lodge, a well-known and well-loved destination in Dover-Foxcroft. Perfectly positioned for year-round demand, this charming lodge offers a rare blend of immediate cash flow and exciting expansion potential. The property features 5 fully rentable units, plus a 6th unit currently utilized as a laundry, supply, and office space--giving you built-in operational efficiency from day one. Three units were upgraded with modern kitchenettes in 2020, making them especially attractive for traveling medical professionals, extended stays, and vacationers exploring the Maine Highlands. Guests will love the clean, cozy, and comfortable accommodations, while owners will appreciate the low-maintenance setup and consistent rental appeal. But the real upside? Growth potential. An oversized septic system and spacious lot open the door to expanded income streams: Add additional rental units Develop seasonal camping or cabin sites Install RV hookups for high-demand travelers Located just minutes from outdoor recreation, including Sebec Lake and the vast trail systems that draw visitors year-round, this property is ideally suited for both short-term and extended-stay guests. Whether you're looking to expand your portfolio or step into a lifestyle business with strong earning potential, Peaks Kenny Motor Lodge delivers. Opportunities like this don't come along often--bring your vision and unlock the full potential of this local icon.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $425,000 |
| No. of Units: | 5 |
| Year Built: | 1997 |
| Lot Size: | 1,680.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $85,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 5 |
ID: 3yd-MREISME-1655800
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
33 + 30 Taylor Road
Westport Island, Maine
146 Lowell St, 371 Spruce & 32 Mitchell Street
Manchester, New Hampshire
146 lowell Street
Manchester, New HampshireBrokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout