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New owner and investments planned for 48-unit Lewiston housing complex

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An aerial view of Mallview Terrace Apartments on Marston Street in Lewiston. Kevin Fletcher’s Marston Investment Group LLC has purchased the 48-unit complex for $3.1 million with plans for major upgrades. The Lewiston Mall can be seen in the background left.
Russ Dillingham/Sun Journal
This week the Buzz is investing, looking for leaders and changing things up.
First up: Kevin Fletcher, past president of the Maine Commercial Association of Realtors, has bought a 48-unit complex on Marston Street in Lewiston with big plans ahead.
The complex, built in 1986, has a mix of six one-bedroom units and 42 two-bedroom units, all of it fully rented at market rate. ....

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Hot Housing: 6 Maine agents offer advice as prices soar

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Maine’s sizzling housing market is showing no signs of slowing down, with median sales prices up almost 24% in Androscoggin County the past three months, according to the Maine Association of Realtors, and even mobile homes going for wildly above asking price 17 offers and $47,000 over in Auburn, we’re looking at you.
“If you’re buying in this market, bring your shield and sword because you are going into battle,” quipped one Poland real estate agent.
So, what to do?
We asked six agents their best advice for those looking to buy or sell a home right now. ....

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987 Popham Road - Legacy Properties Sotheby's International Realty - Rockland - Camden - Knox - Courier-Gazette

With more than 30 years of experience as a former owner/operator of a 60-unit waterfront motel in Midcoast Maine and as a hospitality consultant with clients in New York, Florida and the West Indies, John has more hands on experience in the hospitality industry than most in his field. For the last several years John has focused on facilitating sales of hospitality properties representing buyers, sellers, banks and limited partnerships. His years of industry experience as an owner and consultant adds a unique perspective to help the deals such as Boatyards, Golf courses, motels and restaurants all come to a closing. John is a licensed Broker in Maine, currently a Hospitality specialist for Legacy Properties Sotheby s International Realty and has studied at State University of New York and NYU s Stern School of Business focusing on the Hospitality sector. He is also a member of the Maine Innkeepers Association, the Maine Real Estate and Development Association (MEREDA) and the Maine ....

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987 Popham Road - Legacy Properties Sotheby's International Realty - Belfast - Waldo

With more than 30 years of experience as a former owner/operator of a 60-unit waterfront motel in Midcoast Maine and as a hospitality consultant with clients in New York, Florida and the West Indies, John has more hands on experience in the hospitality industry than most in his field. For the last several years John has focused on facilitating sales of hospitality properties representing buyers, sellers, banks and limited partnerships. His years of industry experience as an owner and consultant adds a unique perspective to help the deals such as Boatyards, Golf courses, motels and restaurants all come to a closing. John is a licensed Broker in Maine, currently a Hospitality specialist for Legacy Properties Sotheby s International Realty and has studied at State University of New York and NYU s Stern School of Business focusing on the Hospitality sector. He is also a member of the Maine Innkeepers Association, the Maine Real Estate and Development Association (MEREDA) and the Maine ....

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