2 Merrill Brk Ln Howland, ME 04448
This exceptional investment opportunity encompasses a thriving turnkey cabin rental business in Howland, Maine. The property features three Amish-built cabins, each contributing to a highly successful year-round operation. Boasting a total of 1,750 square feet, these cabins are situated on a picturesque 3-acre lot with over 600 feet of frontage on the 100-foot-wide Merrill Brook. The property also includes an RV lot or campsite, further enhancing its income potential. The location provides unparalleled access to outdoor recreation, including fishing, boating, hunting, 4-wheeling, and snowmobiling, with hundreds of miles of trails readily available. The cabins' proximity to a boat launch on the Penobscot River adds significant appeal. Conveniently located within a 30-minute drive of Bangor and a 45-minute drive from Greenville and Baxter State Park, this property benefits from its proximity to numerous lakes and a high volume of repeat clientele drawn to the area's abundant recreational opportunities. The property is listed at $399,000. Note that the room count and total square footage encompass all three cabins. A separate lodge with approximately 1.5 acres and 300 feet of waterfront is available for purchase separately, but is not currently on the market. The cabins can also be purchased without the RV lot (MLS 1568319).
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.