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Apartment Acquisitions · Augusta

Sell Your Commercial Property In Augusta, ME

Skyline Capital Investments buys commercial apartment buildings of 5+ units in Augusta and across Kennebec County — listed or off-market, stabilized or value-add. Get clear feedback on your deal, typically within 48 hours.

  • Clear feedback on your deal, typically within 48 hours
  • 5 to 100+ units, stabilized or distressed, listed or off-market
  • Owners, agents, and brokers welcome — every conversation is confidential

We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits

Augusta Submarkets: Downtown Augusta · Hallowell · Gardiner · Winthrop — Kennebec County, ME

Why Augusta

Why We Buy Multifamily In Augusta

Augusta, Maine has 19,077 residents in ACS 2020-2024, the Census five-year estimate. Renters hold 46.2 percent of Augusta homes, and median gross rent is $919 against median household income of $47,979.

Owners who plan to sell commercial property in Augusta, ME face a 2026-27 tax rate of $14.23 per $1,000 at a 100 percent assessment ratio. State agencies, MaineGeneral Health and the University of Maine at Augusta anchor local demand. HUD's FY2027 two-bedroom fair market rent for Kennebec County is $1,374.

01

Maine state government

State government workers hold 1,364 of 8,531 civilian jobs held by Augusta residents, or 16.0 percent, in ACS 2020-2024.
02

MaineGeneral Health

MaineGeneral calls itself Kennebec Valley's largest private employer; its Alfond Center for Health in Augusta provides inpatient and outpatient care.
03

University of Maine at Augusta

UMA reports approximately 5,836 students, with its main campus in Augusta plus a Bangor campus and statewide centers.

Our Buy Box

What We Buy In Augusta

Full Buy Box

Asset Type

Multifamily, 5+ Units

Apartment buildings and income-producing residential.

Size

5 – 100+ Units

Sweet spot: 15–25 units.

Condition

Stabilized To Distressed

Value-add, mismanaged, and high-vacancy properties welcome.

Deal Types

Listed Or Off-Market

Direct-to-owner, pocket listings, portfolios.

Local Market Data

Augusta Apartment Market

Figures gathered October 2026 from public market data.

19,077 Population Augusta city, ACS 2020-2024
$47,979 Median household income Augusta city, ACS 2020-2024
$919 Median gross rent Augusta city, ACS 2020-2024
46.2% Renter households 4,363 of 9,453 occupied homes
25.5% Homes in 5+ unit buildings 2,592 of 10,164 housing units
$14.23 Property tax rate Per $1,000 of assessed value, 2026-27

Who rents in Augusta

Renters hold 46.2 percent of Augusta's occupied homes, 4,363 of 9,453, per ACS 2020-2024 tenure data.

Augusta counts 2,592 homes in buildings of five or more units, 25.5 percent of its stock, per ACS table B25024. Some 70.4 percent of Augusta homes predate 1980 in the year-built table.

Rents and affordability in Augusta

Augusta's median gross rent is $919 a month in ACS 2020-2024, $73 below Kennebec County's $992. In Augusta, 46.9 percent of renter households pay 30 percent or more of income for rent, per ACS table B25070.

HUD's FY2027 two-bedroom fair market rent for Kennebec County, ME is $1,374, per HUD fair market rents. That benchmark runs $455 above Augusta's median rent. Buyers price that spread when owners sell commercial real estate in Augusta, ME.

Unit sizeHUD FY2027 FMR
Efficiency$1,043
One bedroom$1,050
Two bedroom$1,374
Three bedroom$1,767
Four bedroom$2,167

Property taxes in Augusta and Kennebec County

Augusta's 2026-2027 tax rate is $14.23 per $1,000 of assessed value, per the Augusta Bureau of Assessing. Augusta assesses at a 100 percent ratio and committed the roll on August 7, 2026. A $2,000,000 assessment at that rate owes $28,460 a year.

Augusta lists February 8, 2027 as its appeal deadline, 185 days after commitment under 36 M.R.S. section 841. Owners who sell commercial property in Augusta, ME also owe Maine's transfer tax under 36 M.R.S. section 4641-A. A $2,000,000 sale owes $16,400, split $8,200 each between seller and buyer, per Maine Revenue Services.

Landlord rules in Augusta

Maine limits security deposits to two months' rent under 14 M.R.S. section 6032. Landlords return deposits within the lease's stated time, up to 30 days, or 21 days after a tenancy at will, under section 6033.

A tenancy at will ends on 30 days' written notice under 14 M.R.S. section 6002, or 7 days when rent is 7 days or more in arrears. Rent increases of 10 percent or more need 75 days' written notice, per the Maine Attorney General. Anyone selling commercial property in Augusta should give buyers copies of every rent-increase notice.

What this means for an Augusta owner

State government employs 16.0 percent of Augusta's civilian workers, against 4.0 percent statewide, per ACS table S2408. Buyers weigh that public-sector base with Augusta's $919 median rent and the $1,374 HUD two-bedroom benchmark.

To sell commercial property in Augusta, ME, bring the current tax bill, rent roll and lease files to the first buyer meeting.

Skyline Capital Investments buys apartment buildings with five or more units. To sell your apartment building in Augusta, run the numbers in our cap rate calculator and read how we buy apartment buildings for cash.

Local Knowledge

What Shapes A Augusta Offer

More about selling in Maine →
Investing in Augusta? See apartment syndications in Augusta →
  • Augusta's 2026-27 rate of $14.23 per $1,000 puts $28,460 on a $2,000,000 assessment.
  • Owners ready to sell commercial real estate in Augusta, ME should keep every rent-increase notice on file.
  • To sell multifamily property in Augusta, document capital work: 70.4 percent of homes predate 1980.

Learn More

Taxes & Rules For Augusta Property

The Maine rules that shape any deal in Augusta: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.

Augusta Seller FAQ

What should I know before I sell commercial property in Augusta, ME?

Buyers start with Augusta's 46.2 percent renter share, $919 median gross rent and 25.5 percent share of homes in five-plus unit buildings from ACS 2020-2024. They then test taxes at the 2026-27 rate of $14.23 per $1,000. Have the rent roll, tax bill and leases ready.

How much property tax does a $2,000,000 building pay in Augusta?

At Augusta's 2026-27 rate of $14.23 per $1,000 and a 100 percent assessment ratio, a $2,000,000 assessment owes $28,460 a year. Augusta lists February 8, 2027 as the appeal deadline. Bills are due September 24, 2026 and March 18, 2027.

How much transfer tax is due when I sell commercial real estate in Augusta, ME?

Maine charges $2.20 per $500 of value under 36 M.R.S. section 4641-A, plus $3.80 per $500 above $1,000,000 for transfers since November 1, 2025. A $2,000,000 sale owes $16,400, and seller and buyer each pay half, or $8,200.

How much notice do Augusta landlords need to raise rent?

The Maine Attorney General says rent increases of 10 percent or more need at least 75 days' written notice. Increases under 10 percent need 45 days' written notice. The rule is statewide, so it covers every Augusta rental unit.

What deposit and eviction notice rules apply to Augusta landlords?

Maine caps a residential security deposit at two months' rent under 14 M.R.S. section 6032. Deposits return within the lease's stated time, up to 30 days, or 21 days after a tenancy at will. Tenants 7 days or more behind on rent may get 7 days' notice.

What if my Augusta building has vacancies or deferred maintenance?

That is often where we add the most value. We buy buildings that need renovation, new management, or lease-up, and we account for that in our offer.

Do you work with Augusta brokers and agents?

We do. Agents can bring us listed or pocket-listing deals in Augusta, and we keep every conversation confidential.

Who buys occupied rental property in Augusta?

We do. Skyline Capital Investments is a commercial real estate buyer of 5+ unit multifamily, and we buy apartment buildings with tenants in place, including properties with below-market rents.

What do I need to sell my apartment building in Augusta?

An address and unit count are enough to start. A current rent roll and trailing twelve-month statement let us move to a written offer faster.

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Have A Property In Augusta?

Send the address, unit count, and asking price if you have one. We keep every conversation confidential.

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