Hollis Apartment Portfolio

The Hollis Apartment Portfolio consists of a 6-property, 12-building, 63-unit multifamily portfolio located in Hollis, Maine. The properties are approximately 20–25 minutes from downtown Portland and 15 minutes from the I-95 corridor in Saco/Biddeford. The portfolio is situated within a rural residential setting surrounded by single-family homes, countryside, and outdoor amenities, while maintaining accessibility to regional employment centers and strong Southern Maine rental demand.The portfolio comprises (2) one-bedroom, (60) twobedroom, and (1) three-bedroom townhouse-style units, featuring a well-balanced mix of layouts designed to meet a broad range of renter needs in Southern Maine. Highly uniform townhouse design reduces operational complexity (standardized finishes, mechanicals, and unit layouts). *Current management willing to stay on Attractive basis in a supply-constrained York County rental market with solid household incomes and limited competing rental stock 85% to 90% of the units have been rehabbed with new kitchens, flooring, paint, carpeting, etc., while all the properties feature newer metal roofs (2022) and pavement among other CapEx items.