Year: 2019

Hot Off The Press! Introducing, The Maine Inn Team…

Lodging broker Dana Moos has joined with former innkeeper and real estate agent Tori Baron to form the Maine Inn Team, with a focus on the hospitality industry. Between them, they have 20 years of innkeeping experience with backgrounds in marketing, sales and real estate. Dana has been selling inns throughout Maine since 2008. They’ll …

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A LOT HAS HAPPENED IN THE LAST TWO MONTHS!

I’ve been buried in new listing paperwork, but that is a good thing. More on the market from which buyers can choose. Before I get into those listings, the lender who closed my last inn deal said commercial rates are hovering just under or around 4.5%. I was floored. I had been quoting 5%, then …

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FOUR more inns sold since my last blog post? YES! Don’t miss out, things are moving…

I haven’t even had a chance to post what has sold since my last ‘sold’ blog post March 29th. 1802 House in Kennebunkport (buyer rep), Limerock Inn in Rockland (seller rep), Bar Harbor Cottages and Suites in Bar Harbor (buyer rep) and James Place Inn in Freeport (seller rep). All between April 30th and June …

FOUR more inns sold since my last blog post? YES! Don’t miss out, things are moving… Read More »

Charming Cottages Near Acadia National Park and a Strong Business. CHECK OUT THE NUMBERS!

Open Hearth Inn and Cottages sits at the ‘gateway’ to Acadia National Park, in Trenton, Maine, just steps from the popular  Trenton Bridge Lobster.  Tom and Anne Rau purchased this as a pre-retirement plan. The couple are a perfect balance between warm hospitality and Mr. Handyman Fix-it-all. Their efforts, with not just Anne’s hospitality, but …

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You know what the seller paid….OR DO YOU?

Understandably, many buyers while doing a bit of pre-offer due diligence may check public records to see what the seller paid. But what they see may not necessarily be the price the seller paid. WHAT? WHY? It’s because at the time of sale, the town only records what a party paid for the asset. The …

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Two More Maine Inn Sales! York Beach and Portland, Maine…

The Lighthouse Inn and Carriage House on Nubble Road sits just up from Nubble Light and steps to both Long Sands and Short Sands Beach. 31 units, many rooms with decks and views, pool hot tub, lovely patio and wonderful hospitality! I was pleased to represent the seller. This is West End Inn, a 6 …

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Two Maine Inns Sold 3/15/19! Kennebunkport and Camden…

Last week both Edgewater Inn in Kennebunkport and Blue Harbor House in Camden both changed hands!  Edgewater, pictured first, is located on Ocean Avenue in the heart of town, just up from beaches, shopping and the Bush compound. A lovely 12 room boutique inn that was fully renovated and rebranded in 2012. I was pleased …

Two Maine Inns Sold 3/15/19! Kennebunkport and Camden… Read More »