Property Description

Exceptional multifamily investment opportunity in the heart of Rockland. 100 Union Street is an eight-unit apartment building comprised of seven one-bedroom units and one two-bedroom unit, ideally situated just moments from downtown Rockland's thriving waterfront, restaurants, retail, and employment centers.The property features attractive, well-maintained renovated units with numerous updates, offering investors a stable asset in one of Midcoast Maine's strongest and most desirable rental markets. Current rents provide the opportunity for future growth, allowing investors to realize additional value through strategic rent increases while benefiting from existing cash flow. Located in a highly walkable neighborhood with strong tenant demand, 100 Union Street offers an appealing combination of location, quality, and upside potential. The property's proximity to downtown amenities, healthcare services, and major employers continues to support long-term occupancy and rental growth.100 Union Street is being offered as part of a larger three-building, 27 unit, Rockland multifamily portfolio, with all properties located in close proximity to one another. Investors have the opportunity to acquire an individual asset or pursue additional scale through the portfolio offering.A rare opportunity to acquire a well-positioned multifamily property in a supply-constrained market with both immediate income and long-term upside.

Property Features