Listing Agency: Malone Commercial Brokers Show Phone

Listed By: John Doyon · License #ME 212294

Source: Crexi

Added: Apr 10 Changed: Aug 31 Last Checked: Aug 29 at 4:09PM

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Investment Insights

Based on property information with market context.

This multifamily property comprises 31 residential units and is classified as an apartment building. The asset is positioned for residential income use within the multifamily property sector.

Key Highlights

• 31 residential units
• Apartment building classification
• Multifamily residential income property

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Furniture & Home Goods Cafe & Coffee Shop Electrical Service Barber Shop (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

31

Residential units

Location Intelligence

Trade Area within ½ mile

6

Businesses Nearby

Explore this area Business Placement

Demographics for 04294, ME

3,862

Population

1,844

Households

2.1

Avg Household Size

45

Median Age

28%

College-Educated

96%

High-School Grad

53.4 sq mi

ZIP Area

72

Density / Sq Mi

$61,016

Median Household Income

$35,091

Median Earnings

$495

Median Rent

$183,000

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Apartment building - Multifamily property configured for residential income use.

Where is this apartment building located?

The property is located at 183 Lake Road Wilton, ME.

What are key features of this property?

This property features: 31 residential units; Apartment building classification; Multifamily residential income property