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800 Roundwood Dr Scarborough, ME 04074

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

Source: Brent Clemens Agent Brent Clemens

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Residence Inn Portland Scarborough

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.
Insight Report Location Intelligence

Current Use by Public Records

Residence Inn Portland ... Hotel 800 Roundwood Drive ... Parking Lot

Suggested Use

Realty agency Restaurant Law Firm Building Supply Auto Repair Shop Spa & Massage Wholesale Shop Hair Salon Nail Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Scarborough
County
Cumberland
State
Maine
Longitude
-70.3551893
Latitude
43.6203497

FAQs

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 Dr 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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