FAQs about Apartment Buildings for Sale in Old Town
How many Apartment Building listings are available for sale in Old Town?
Currently, there are 0 Apartment Building listings for sale near Old Town, ME. LoopNet continuously displays updated multi-family building listings, with new properties regularly included.
How much is an Apartment Building for sale in Old Town?
The average price per square foot for Old Town apartment buildings for sale is about $38.
When available, the price of these buildings in Old Town, ME varies greatly based on the number of units, condition of the building, available amenities, general location, etc.
When available, the price of these buildings in Old Town, ME varies greatly based on the number of units, condition of the building, available amenities, general location, etc.
What is the average size of Apartment Buildings available for sale in Old Town?
The average size of apartment buildings for sale in Old Town, ME is approximately 26,000 SF. The largest building available is 26,000 SF and the smallest is 26,000 SF.
What is the average cap rate for Multi-family Properties in Old Town?
Cap rates for apartment buildings in Old Town, ME typically range between and , with variations influenced by factors including tenant quality, lease terms, and property age. Read more about cap rates and the factors that influence them such as location, property type and market conditions.
Why are Apartment and Multi-family Buildings considered a good investment in Old Town?
In general, buying an apartment building can be considered a good investment because they provide rental income from multiple sources which can diversify cash flow opportunities and reduce risk by having income streams from multiple sources.
Depending on the location within the city of Old Town, apartment buildings have the potential to appreciate and increase rental income over time. There are also certain tax benefits available when it comes to investing in apartment buildings for sale in Old Town, ME.
Depending on the location within the city of Old Town, apartment buildings have the potential to appreciate and increase rental income over time. There are also certain tax benefits available when it comes to investing in apartment buildings for sale in Old Town, ME.
