Northeast Hospitality Brokers (NEHB), a trusted leader in hospitality real estate brokerage, is proud to announce the recent sale of the Katahdin Valley Motel, a well-positioned hotel located in the scenic town of Sherman, Maine. The property was officially transferred to new ownership on May 30, with a local hospitality-focused company acquiring the asset.
The Katahdin Valley Motel, featuring 17 guest rooms and quick access to I-95, has long served as a convenient lodging option for travelers exploring northern Maine. Its location near local attractions, such as the Katahdin Woods and Waters National Monument and major snowmobiling trails, makes it a popular choice year-round.
“The Katahdin Valley Motel represents the kind of well-located, high-potential property that continues to attract serious interest in Maine’s hotel market,” said Dustin Bulley, Partner and Associate Broker at NEHB. “We’re proud to have played a role in this successful transaction and excited to see what the new ownership brings to the Sherman area.”
The buyers of the property have indicated plans to refresh the guest rooms while expanding regional marketing efforts and online booking availability. They are planning to offer 100% online check-ins to cater to a tech-savvy traveling audience. The buyer looks forward to investing in the property’s future and supporting tourism growth in northern Maine.
This sale was facilitated by NEHB, with Dustin Bulley representing both the seller and the buyer. The transaction reflects a continued uptick in investor confidence across rural Maine markets.
For more information about this transaction or to inquire about other hotel listings, please contact NEHB at 603-722-0174 or [email protected].
Northeast Hospitality Brokers (NEHB) specializes in the sale and acquisition of hotel and hospitality assets. Based in Maine, the firm combines deep market insight with hands-on operational experience to deliver exceptional results for hotel owners and investors across New England and beyond.
