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Residence Inn Portland Scarborough
For Sale
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800 Roundwood Drive, Scarborough, ME 04074

78-room hotel in Scarborough, Maine available for sale.

Days on Market248

Property Features for 800 Roundwood Drive

General Information

Standard status Active
Property subtype Hotel
Listing Agency:
Listed By: Brent Clemens · License #MA #9533459-RE-B
Source: Alchemyrea
Added: Nov 25, 2025 Changed: Jul 6 Last Checked: Jul 30 at 4:27AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brent Clemens

Investment Insights

Based on property information with market context.

This is a fee simple interest in the institutionally owned and operated 78-room Residence Inn located in Portland Scarborough, Maine. The property is available unencumbered by management, offering new ownership the opportunity to reduce corporate-related expenses. The hotel has a trailing 36-month average occupancy of approximately 80%, with a strong in-place yield. It is located near regional corporate demand drivers, such as WEX, General Dynamics, Weapons Systems, Nestlé, Texas Instruments, and General Electric. The property is also proximate to several universities, including the University of Southern Maine, University of Maine Law, Southern Maine Community College, University of New England, and Bowdoin College. Numerous leisure attractions are conveniently accessible, including L.L. Bean Corporate Headquarters, Kennebunkport, and the area’s beaches and coastline. This presents an opportunity to acquire a property in Maine’s largest city at a discount to replacement cost, benefiting from diverse corporate and leisure demand.

Key Highlights

  • Available unencumbered by management, allowing new ownership to reduce corporate‑related expenses.
  • Ability to relicense under the existing Residence Inn by Marriott flag.
  • Trailing 36‑month average occupancy of ~80%, with strong in‑place yield supporting attractive financing.

Property Analytics

Current Use

Residence Inn Portland ... Hotel & Motel 800 Roundwood Drive ... Parking Lot & Garage

Suggested Use

Top Pick Electrical Service Garden Center Carpet & Flooring Store Catering Service Computer & Electronic Repair Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

283
Businesses Nearby

Demographics for 04074, ME

21,952
Population
10,561
Households
2.1
Avg Household Size
46
Median Age
58%
College-Educated
99%
High-School Grad
47.6 sq mi
ZIP Area
461
Density / Sq Mi
$125,642
Median Household Income
$55,955
Median Earnings
$1,821
Median Rent
$502,700
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Hotel - 78-room hotel in Scarborough, Maine available for sale.
Where is this hotel located?
The property is located at 800 Roundwood Drive Scarborough, ME.
What are key features of this property?
This property features: Available unencumbered by management, allowing new ownership to reduce corporate‑related expenses.; Ability to relicense under the existing Residence Inn by Marriott flag.; Trailing 36‑month average occupancy of ~80%, with strong in‑place yield supporting attractive financing.
More about this property
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