750 Hogan Rd - Hospitality FOR SALE


Bangor, ME 04401
$7,990,000 USD
207-773-4222
750 Hogan Rd, Bangor, ME for Sale
$7,990,000 USD
Hospitality - FOR SALE
1/8
null | Request Cap Rate

750 Hogan Rd
Bangor, ME 04401


HIGHLIGHTS

  • 96 well-appointed guestrooms offer varied accommodations with single, queen, or king-size beds, including extended stay units
  • Location merits possible repositioning with or without a franchise affiliation and Property is well-suited to create extended-stay suites by combining
  • Room amenities include large-screen TVs, microwaves, and refrigerators
  • Hotel amenities include a fitness center, game room with arcade, meeting/banquet rooms, breakfast room, business center, meeting space, guest laundry
  • Short drive to downtown, Casino, Civic Center and Waterfront Concert Pavilion
  • Nearby to restaurants, universities, and other area attractions

OVERVIEW

This interior corridor hotel is conveniently located in central Maine and offers 96 well-appointed guest rooms, suites, and extended stay units. This property features a 933-square-foot conference facility that can accommodate up to 70 people for all types of social and business functions. The property also offers on-site employee housing. Amenities include a fitness room, guest laundry facilities, a game room, meeting and banquet rooms, and ample parking. Spacious guest rooms are equipped with in-room safes and coffee makers and refrigerators in some rooms. The Hotel is minutes from the Bangor Raceway, Off-Track Betting, Civic Center, the Penobscot River, Husson College, and the University of Maine at Orono. The hotel is a day trip to Acadia National Park, Bar Harbor, Mount Katahdin, and Baxter State Park. An array of popular restaurants and shops are accessible nearby and in the surrounding area.

FOR SALE DETAILS

PRICE

$7,990,000 USD

PRICE/SF

$197 USD /SF

# OF ROOMS

96

PRICE/ROOM

$83,229 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Franchise Hotel - Bangor Maine

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1986

PARKING SPACES

129

LAND DETAILS

LAND ACRES

1.97 AC

LAND SF

85,813 SF

ZONING

S&PS

APN/PARCEL ID

BANG-000061R-000000-000009-H000000

ASK ABOUT THIS PROPERTY

Roger DaigleDaigle Commercial Group IncMore Info
207-773-4222

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Roger DaigleDaigle Commercial Group IncMore Info
207-773-4222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.