3 Merrill Brk Ln Howland, ME 04448
Exceptional investment opportunity: a turnkey cabin rental business in Howland, Maine, boasting 6.5 acres of land and over 1500 feet of Merrill Brook frontage. The property includes a main lodge (approximately 1700 sq ft), three Amish-built cabins (totaling over 1500 sq ft), a 70' barn, and an RV lot/campsite. The cabins are efficient and popular year-round rentals, attracting repeat clientele for various outdoor activities including fishing, boating, hunting, 4-wheeling, and snowmobiling. The property offers convenient access to hundreds of miles of trails, and is located within a half-hour drive of Bangor, and 45 minutes from Greenville and Baxter State Park. Numerous nearby lakes add to the appeal. The land across the stream is in resource protection, ensuring undeveloped shoreline. A boat launch for the Penobscot River is directly across from the cabins. The total square footage of 3250 sq ft includes the lodge and all cabins. Separate purchase options are available for the cabins and land (MLS 1568319 and 1582382). This is a rare opportunity to acquire an established, profitable business with significant recreational appeal in a desirable location.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
Costs & Benchmarks
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Risks
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