Multifamily Portfolio with Renovated
85 Union Street Rockland, ME 04841
85 Union Street, Rockland, ME, 04841
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For Sale
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For-sale portfolio of 27 multifamily units across three properties with a mix of renovated one- and two-bedroom apartments.
Property Size23,032 SF
Price / SF$151.96
Days on Market33
Property Features for 85 Union Street
General Information
- Standard status
- Active
- Size
- 23,032 SF
- Property subtype
- Multifamily
Listing Agency
Keller Williams Realty
Listed by
Edward Baldacci · License #BA930083
Source
Crexi
Added: Jun 15 Checked: Jul 16 at 4:09 am
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Investment Insights
Based on property information with market context.
This for-sale Rockland portfolio includes 27 multifamily units across three neighboring buildings: 85 Union Street (11 units), 100 Union Street (8 units), and 34–36 Pleasant Street (8 units). The residential mix consists of renovated one-bedroom and two-bedroom apartments, supported by capital improvements and unit renovations as described in the offering materials.
All three assets are located in close proximity to one another in Rockland, Maine, and are described as being minutes from the downtown waterfront, restaurants and retail, healthcare facilities, and major employment centers. The portfolio can be acquired as a group or evaluated as individual properties.
For buyers looking for multifamily scale in a concentrated geographic area, the three-building configuration may support streamlined management and reduced maintenance coordination, given the close location of the properties. The portfolio’s unit mix and renovation focus can also appeal to operators seeking to maintain a consistent rental offering while managing tenant turnover and ongoing unit improvements. This is a straightforward opportunity to purchase a maintained multifamily portfolio with multiple buildings and a defined number of apartment units already in place.
All three assets are located in close proximity to one another in Rockland, Maine, and are described as being minutes from the downtown waterfront, restaurants and retail, healthcare facilities, and major employment centers. The portfolio can be acquired as a group or evaluated as individual properties.
For buyers looking for multifamily scale in a concentrated geographic area, the three-building configuration may support streamlined management and reduced maintenance coordination, given the close location of the properties. The portfolio’s unit mix and renovation focus can also appeal to operators seeking to maintain a consistent rental offering while managing tenant turnover and ongoing unit improvements. This is a straightforward opportunity to purchase a maintained multifamily portfolio with multiple buildings and a defined number of apartment units already in place.
Key Highlights
- Portfolio includes 27 multifamily units across three properties: 85 Union St (11 units), 100 Union St (8 units), and 34–36 Pleasant St (8 units).
- Mix of renovated 1‑bedroom and 2‑bedroom apartments across the portfolio.
- All three assets are located close to one another, supporting operational efficiencies and streamlined management.
Property Analytics
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FAQs
What type of property is this?
Apartment building - For-sale portfolio of 27 multifamily units across three properties with a mix of renovated one- and two-bedroom apartments.
Where is this apartment building located?
The property is located at 85 Union Street Rockland, ME.
What is the asking price?
The asking price for this property is $3,499,990.
What are key features of this property?
This property features: Portfolio includes 27 multifamily units across three properties: 85 Union St (11 units), 100 Union St (8 units), and 34–36 Pleasant St (8 units).; Mix of renovated 1‑bedroom and 2‑bedroom apartments across the portfolio.; All three assets are located close to one another, supporting operational efficiencies and streamlined management.
