Confidential Resort Hotel Offering Ogunquit Maine
LUX Realty is pleased to offer to qualified investors a confidential resort hotel offering Ogunquit Maine. The offering consists of a 5+ acre campus including a successful and modern operating 85+ room/suite hotel, 10 apartment rental units, 4 retail rental units, ample on-site parking and expansion land.
The offering represents a core plus opportunity for an incoming buyer to enhance management and chiefly increase occupancy, which is below comparable properties in the market. The overall condition and quality of the facilities, rooms and FF&E is above-average to good relative to the comp set in this submarket.
A confidentiality agreement is required for the identity of the property and the complete Offering Memorandum including financials.
Exclusively Offered at $10M.
Contact Daren Hebold, CCIM for a confidential discussion and confidentiality agreement.