68 Elm St
Camden, ME 04843

Towne Motel has 16 renovated motel rooms, sleeping 2-4 guests and 1 pet friendly studio, sleeping two people and up to two pets
Rooms have flat screen TVs, cable, WiFi, Beautyrest mattresses, refrigerators, Keurig coffee makers, ironing boards, HVAC system, ceiling fans, screen doors
Homemade continental breakfast served in the parlor and dining room of the home during the busy season. During the quiet season, breakfast baskets are delivered straight to the rooms
House built in 1855, motel 1st floor in 1955, 2nd floor in 1988, house addition 2001
7,081 sf finished space (motel is about 4,000sf and the house 
         is about 3,081)
17 guest rooms plus owner’s house
Lot size: .44 acres
Deed Book 4727 Page 197, Knox County Registry of Deeds
2024-25 real estate taxes $12,232.50
Zoning - B3, Business Transition District
Map 199, Lot 187
Paved parking lot for 22 cars
Wet Sprinkler System for the motel only
Heat Fuel: Oil
Heat Type: Hot Water baseboard/heat pumps
Flooring: hardwood, carpet, laminate
Exterior: wood frame, vinyl
Full unfinished basement with moisture vapor 
        barrier and additional insulation installed in 2012
Full attic insulation installed in motel in 2012
Roof: Motel is metal, installed in 2012; house is asphalt
         shingle installed 2001/2012/2013
Public water and sewer

Cap rate = 11.3%. Full financials shared with qualified buyer and signed NDA.