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Former 1920s hotel in Portland, now apartments, sells for $7.3 million

An 86-unit apartment complex in Portland originally built as a hotel in the 1920s has been sold for $7.3 million.


The Ambassador Apartments at 37 Casco St. is the latest in a string of multifamily housing structures that have changed hands in recent months, said Vince Ciampi, a broker at CBRE|The Boulos Co., who represented the sellers, Shirley Quirk and the estate of John J. Quirk & Sally Quirk. Joe Porta, a partner at Boulos, represented the buyer, Ambassador LLC. The sale closed May 19, Ciampi said.


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