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Property profile & analytics
OFF-MARKET
Hotels

11 Inn Rd Hallowell, ME 04347

22,158 SF 31.2 ac lot
Property ID
US42-0098638
Property summary
AI-generated overview

This exceptional Maine hospitality property, Maple Hill Farm Inn and Conference Center, presents a rare investment opportunity. Priced at $4,195,000, it boasts a 13.15% cap rate based on net operating income (NOI), offering a strong return. The 22,158 square foot property sits on 31.2 acres of land and includes three buildings, constructed in 1906, 2001, 2003, and 2004, with renovations completed in 2001. The property features eight unique guest rooms with private baths, some with fireplaces and private decks, and substantial event spaces totaling 3,428 square feet (plus potential for a 2,250 square foot tent). A large commercial kitchen capable of serving up to 300 meals supports the inn's thriving event business, which accounts for roughly two-thirds of its revenue. The remaining third comes from overnight accommodations. The property also includes a 6,670 square foot barn, 84 parking spaces, and a three-bedroom owner's/manager's quarters, eliminating housing costs. The property's central location, four miles from I-95 and minutes from downtown Hallowell, provides easy access to Augusta and the entire state. Sustainable features include a wind turbine, solar power, and EV chargers. This turnkey operation, with a 30+ year client list, is offered by the owners due to retirement. The property is zoned Rural Farm and includes APN Hallowell Map 018 Lot 004. An adjacent property is also available for purchase separately.

Property profile
Verified
Property type Hotels
Total area 22,158 SF
Lot 31.2 ac (1,359,072 SF)
APN Hallowell Map 018 Lot 004
UPID US42-0098638
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Maple Hill Farm Inn and Conference Center Hotel & Motel
  • Electric Vehicle Charging Station Electric Vehicle Charging Station
  • Tesla Destination Charger Electric Vehicle Charging Station
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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