Biddeford Multifamily Buyer
Sell Your Commercial Property In Biddeford, ME
We are an active buyer of Biddeford commercial rental properties with five or more units, whether the building is fully leased, half vacant, or overdue for renovation.
- 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
Areas We Target: Downtown Biddeford · Saco · Biddeford Pool · Old Orchard Beach — York County, ME
The Biddeford Market
What Drives Rentals In Biddeford
Biddeford, Maine has 22,498 residents in ACS 2020-2024, and renters occupy 51.9 percent of its homes. Rental vacancy is 2.0 percent, and the median gross rent is $1,292 a month. Owners who want to sell commercial property in Biddeford, ME face a tax rate of $14.94 per $1,000.
Biddeford holds 2,345 homes in buildings of five or more units. The University of New England and MaineHealth Maine Medical Center Biddeford anchor local demand. Skyline Capital Investments buys 5+ unit buildings, so owners can sell multifamily property in Biddeford directly.
University of New England
UNE, based at 11 Hills Beach Road in Biddeford, enrolled 6,573 students in fall 2024, per NCES College Navigator.Hospital on Medical Center Drive
MaineHealth Maine Medical Center Biddeford provides 24/7 hospital and emergency care and a family birth center, per MaineHealth.Commuters to other counties
ACS 2020-2024 counts 3,764 Biddeford workers, 29.6 percent of 12,737, commuting to jobs in another Maine county.Our Buy Box
What We Buy In Biddeford
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
Biddeford Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Biddeford
Renters occupy 51.9 percent of Biddeford's occupied homes, 4,775 of 9,204, in ACS 2020-2024 tenure data.
Biddeford has 2,345 homes in buildings of five or more units, 22.3 percent of 10,502, per ACS table B25024. The median Biddeford home was built in 1952, and 73.6 percent predate 1980, per ACS year-built data.
Rents and affordability in Biddeford
Biddeford's median gross rent is $1,292 a month in ACS 2020-2024, above Maine's $1,139 state median. Rental vacancy is 2.0 percent, against 4.2 percent statewide, in ACS profile table DP04.
HUD's FY2027 two-bedroom fair market rent for the York County, ME (part) HUD Metro FMR Area is $1,792, per HUD fair market rents.
| Unit size | HUD FY2027 FMR |
|---|---|
| Efficiency | $1,352 |
| One bedroom | $1,500 |
| Two bedroom | $1,792 |
| Three bedroom | $2,464 |
| Four bedroom | $2,773 |
In Biddeford, 35.8 percent of renter households spend 30 percent or more of income on rent, per ACS table B25070. Owners who sell commercial real estate in Biddeford, ME can show buyers that this is below Maine's 44.1 percent.
Property taxes in York County
Biddeford's tax rate for tax year 2025-2026 is $14.94 per $1,000, per the Biddeford online assessment database.
On a $2,000,000 assessment, $14.94 per $1,000 produces $29,880 a year. Abatement requests are due within 185 days of commitment under 36 M.R.S. section 841.
Maine's transfer tax under 36 M.R.S. section 4641-A is $2.20 per $500 of value. Transfers since November 1, 2025 add $3.80 per $500 above $1,000,000, per Maine Revenue Services. A $2,000,000 sale owes $16,400, split $8,200 each way, so plan for it if you sell commercial property in Biddeford, ME.
Landlord rules in Biddeford
Maine caps residential security deposits at two months' rent under 14 M.R.S. section 6032. Under section 6033, deposits go back within the lease's stated time, up to 30 days, or 21 days after a tenancy at will ends.
A tenancy at will ends on at least 30 days' written notice under 14 M.R.S. section 6002. A tenant 7 or more days in arrears may receive 7 days' written notice.
What it means for a Biddeford owner
Biddeford pairs 2.0 percent rental vacancy with a $1,292 median rent and a $1,792 HUD two-bedroom benchmark. Buyers will test that $500 gap against your rent roll.
Before you sell commercial property in Biddeford, ME, gather the tax bill, assessment card and repair records.
Skyline Capital Investments buys apartment buildings with five or more units. To sell your apartment building in Biddeford, start with our cap rate calculator and the steps to sell my apartment building.
Good To Know
Pricing Your Building In Biddeford
More about selling in Maine →Investing in Biddeford? See apartment syndications in Biddeford →
- Biddeford's $14.94 rate for 2025-2026 puts $29,880 a year on a $2,000,000 assessment.
- Owners who sell commercial real estate in Biddeford, ME pay half of Maine's transfer tax.
- Biddeford's 2.0 percent rental vacancy sits well below Maine's 4.2 percent in ACS 2020-2024.
Seller Guides
Biddeford Seller Situations
Learn More
Taxes & Rules For Biddeford Property
The Maine rules that shape any deal in Biddeford: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Biddeford Seller FAQ
What should I know before I sell commercial property in Biddeford, ME?
Buyers start with Biddeford's 2.0 percent rental vacancy, 51.9 percent renter share and $1,292 median gross rent from ACS 2020-2024. They then test taxes against the $14.94 per $1,000 rate for 2025-2026. Have the rent roll, tax bill and repair records ready.
How much property tax does a $2,000,000 apartment building pay in Biddeford?
At Biddeford's 2025-2026 rate of $14.94 per $1,000, a $2,000,000 assessment owes $29,880 a year. Values carry an April 1, 2025 assessment date. Abatement requests are due within 185 days of commitment under 36 M.R.S. section 841.
Can I sell commercial real estate in Biddeford, ME with older buildings?
Yes, though buyers will look closely at condition. The median Biddeford home was built in 1952, and 73.6 percent predate 1980, per ACS 2020-2024. Capital and repair records help a buyer judge an older building and price it with confidence.
How much transfer tax is due when selling an apartment building in Biddeford?
Maine charges $2.20 per $500 of value, plus $3.80 per $500 above $1,000,000 for transfers since November 1, 2025. A $2,000,000 sale owes $16,400. Anyone selling commercial property in Biddeford splits that evenly with the buyer, so each side pays $8,200.
What are Maine's security deposit and notice rules for Biddeford landlords?
Maine caps a residential deposit at two months' rent under 14 M.R.S. section 6032. Deposits go back within the lease's stated time, up to 30 days, or 21 days after a tenancy at will ends. A tenancy at will needs 30 days' written notice.
What if my Biddeford 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.
Can I sell my Biddeford apartment building off-market?
Yes. We work directly with owners and through listing agents. Off-market conversations are confidential, and we coordinate tours so tenants and staff are not disrupted.
Is it possible to sell rental property in Biddeford without evicting tenants?
It is. We buy apartment buildings occupied, and tenants stay on their current leases. Skyline Capital Investments is a commercial real estate buyer of 5+ unit buildings, so occupied properties are the norm for us.
How fast can I sell my apartment building in Biddeford?
Most owners get clear feedback within 48 hours of sending the address, unit count, and a rent roll. Closing is typically set around your timeline, including extra time for a 1031 exchange.
Submit A Deal
Selling A Building In Biddeford?
Tell us about it. Owners, agents, brokers, and deal finders are all welcome — conversations are confidential.
