maine inns for sale

“12 Things We Love About Living in Freeport”, from the innkeepers at James Place Inn…

Tori and Robin Baron, the James Place Inn innkeepers and I were talking about the reasons they enjoy where they live during my last showing. And Freeport is so much more than the common perception being just about L.L. Bean and the outlet shopping. So I asked them the top reasons why they love living […]

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SOLD in Portland, Maine! Inn on Carleton…

Inn on Carleton in the West End neighborhood of downtown Portland transferred ownership on September 5, 2018. With Portland’s ever changing and growing tourism and commerce, it’s no wonder there’s interest in inn ownership here. We wish Leo and Patty, the sellers, and Jim, the buyer, all the best of luck in their endeavors! And

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New 24 unit motel for sale in Bucksport, Maine. Financially Viable at $1.3m.

click above for the online property presentation At a Glance: Total of 24 units (1 is being used as part of the owner’s quarters for 2nd bedroom) plus 1 retail building (being leased to a barber shop) with beautiful private woodedarea in back with stone fire pit. New roof 2006, new furnaces 2007, solar system

New 24 unit motel for sale in Bucksport, Maine. Financially Viable at $1.3m. Read More »

A very strong cap rate on this Maine inn for sale! And WHAT IS A CAP RATE ANYWAY?

Cap rate, (capitalization rate), is a rate that helps us value a real estate investment. Cap rate equals the net operating income (NOI) divided by the purchase price. The cap rate shows the potential rate of return on the investment. So the higher the cap rate, the better. With me so far? Let me take

A very strong cap rate on this Maine inn for sale! And WHAT IS A CAP RATE ANYWAY? Read More »

Price adjustment on this wonderful inn for sale in Freeport, Maine!

NEW opportunity with this substantial price adjustment!  When a seller says they are motivated, there can be many things that affect their decision to change the price to be more favorable to attract a buyer. $100,000 certainly is favorable to a buyer! The sellers, Tori and Robin, have owned James Place Inn since 2006 and

Price adjustment on this wonderful inn for sale in Freeport, Maine! Read More »

New on the market! Popular cottages at the doorstep of Acadia National Park

At a Glance-17 units: 8 cottages, 3 inn style suites, 4 lodge/motel rooms and 2 fully appointed apartments (which can be rented nightly, weekly or long term).-plenty of parking; guests can park directly next to or in front of their unit-1.41 acres-private well/all new septic-Strong seasonal business from just mid-May to mid-October.-real estate taxes $4,578

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The Limerock Inn is motivated to sell?

Yes, the Limerock Inn is motivated to sell…. Why, you ask? What’s wrong? Why are they anxious to get out? These are common questions from prospective buyers when they hear a seller is motivated. But in this case, there’s no negative reason. The owners Frank and PJ are 13 years in. That’s a pretty good

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New Listing! Lindenwood Inn in Southwest Harbor, Maine

A fantastic new listing just hit the market. Loads of goodwill comes with this inn – the innkeeper/owner has been there almost 27 years! Check out the listing presentation and contact me if you wish to discuss or have any questions. This issue checks off a lot of boxes… Offered at $1,700,000

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When a prospective buyer asks “What’s the primary reason an innkeeper or an inn fails to succeed?”

I recently had a really great conversation with a new aspiring innkeeper. Naturally, he had a lot of questions. Many of the questions have been covered in my Top 12 Blog Posts Buyers Want To Know (which is how I came up with the topic in the first place, directly from conversations with aspiring innkeepers).

When a prospective buyer asks “What’s the primary reason an innkeeper or an inn fails to succeed?” Read More »