773 Post Rd Wells, ME 04090-4112
This 12,482 sq ft Southern Maine Inn, located at 773 Post Rd, Wells, ME 04090, presents a unique investment opportunity. Situated on 1.22 acres of beautifully landscaped grounds along the heavily traveled US Route 1 corridor, this established lodging facility boasts 17 keys, including a mix of traditional guest rooms and private cottages catering to diverse guest needs. The property includes four single-room cottages, two one-bedroom cottages, and one two-bedroom cottage. Motel rooms consist of four efficiency rooms (recently renovated), five standard rooms, and one room with a kitchenette. Additional features include a heated pool, guest grills, and common areas. Onsite accommodations include a one-bedroom employee apartment and a spacious two-bedroom, two-bath manager's apartment complete with a full kitchen and living room. Recent capital improvements encompass renovated efficiency rooms, new keypad locks for remote check-in, new beds and mattresses in most rooms, enhanced landscaping including newly planted trees, a new website, and the initiated winterization of cottages via underground waterlines, presenting significant upside potential. This well-established hotel is ideally positioned to capitalize on the thriving Southern Maine tourism market, offering a compelling return on investment in a highly desirable vacation area. The property's convenient location, diverse room offerings, and recent upgrades make it an attractive prospect for both seasoned investors and newcomers to the hospitality sector.
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The Beaches Guest Rooms & Cottages Hotel & Motel
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GB · Wells, MEWells. Always verify with local authorities before improvements.
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.