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Investment Highlights

  • Six-property, 12-building, 63-unit multifamily portfolio in Hollis, Maine.
  • 85%–90% of units renovated; recent upgrades include kitchens, flooring, paint, and new roofs (2022).
  • Current management available to stay on, simplifying ownership transition.
  • Located 20–25 minutes from Portland and near I-95, ensuring regional accessibility.
  • Positioned in a supply-constrained market with strong rental demand and limited new construction.
  • Diverse yet uniform unit mix (1BR, 2BR, 3BR) appealing to Southern Maine renter profile.

Executive Summary

The Boulos Company is pleased to present the exclusive sale of a 6-property, 12-building, 63-unit multifamily portfolio in Hollis, ME. Located approximately 20–25 minutes from downtown Portland and 15-minutes from the I 95 corridor in Saco/Biddeford. The properties are surrounded by singlefamily neighborhoods, rolling countryside, and nearby riverfront and outdoor amenities, providing residents with a quiet residential setting while remaining commutable to regional employment centers. With strong demand for quality rental housing in York County and limited new multifamily construction, the portfolio offers durable occupancy, potential to push rents through light value-add, and longterm appreciation driven by continued in-migration to southern Maine.

Property Facts

Price $14,670,376 CAD
Price / SF $206.63 CAD / SF
Cap Rate 7.63%
Sale Type Investment
Status Active
Number of Properties 6
Individually For Sale 0
Total Building Size 70,999 SF
Total Land Area 150.77 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
0 Bar Mills Rd, Hollis Center, ME 04042 Land 0.52 AC - -
277 Little Falls Rd, Hollis Center, ME 04042 Multifamily 20,000 SF 1985 -
Hilltop Apartments
840 Hollis Rd, Hollis Center, ME 04042
Multifamily 20,000 SF 1985 -
270 Bar Mills Rd, Hollis Center, ME 04042 Multifamily 20,000 SF 1984 -
16 Muddy Brook Rd, Hollis Center, ME 04042 Multifamily 10,000 SF 1985 -
98 Bean St, Hollis Center, ME 04042 Multifamily 999 SF 1983 -
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  • Listing ID: 40188303

  • Date on Market: 2026-04-17

  • Last Updated:

  • Address: Hollis Apartment Portfolio, Hollis Center, ME

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