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Hollis Apartment Portfolio 6 Properties Offered at $14,670,376 CAD in Hollis Center, ME



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