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Property profile & analytics
OFF-MARKET
Estimated value
$945,000
Motels
965 Roosevelt Trl Windham, ME 04062-5857
Entity Owned
1-yr Hold
Free & Clear
Property ID
US42-0677011
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
2017
Construction
FRAME
Total area
37,823 SF
Lot
3.46 ac (150,718 SF)
Zoning code
C-1N
APN
WINM M:21 B:19 L:A U:1
UPID
US42-0677011
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
The Roosevelt Room Wedding Service Rental Equipment Company
-
Microtel Inn & Suites by Wyndham Windham Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.14M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$757k
Blend (final)
Blend
$945k
Owner & transaction history
Roosevelt Apt LLC · 1 yrs held
Roosevelt Apt LLC
since 2025
1 recorded transaction
Zoning & alternative use
C-1N · Windham, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Commercial District I North (C-1N). MapLink An interactive map for this zoning district can be found here . 2026-05-07 [Added 7-12-2022 by Order No. 22-126 ; amended 4-25-2023 by Order No. 23-067 ; 4-25-2023 by Order No. 23-060 ; 8-15-2023 by Order No. 23-150 ; 8-15-2023 by Order No. 23-151 ; 3-12-2024 by Order No. 24-033 ; 1-27-2026 by Order No. 26-009 ] A.…
Zone name
Commercial 1 North
General category
COMMERCIAL
Zone area
131.70 ac
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Windham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Windham submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$1,135,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,280,000
Current use
Blend value · Realmo final
$945k
Range $851k – $1.04M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$25 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$39,087
Tax year 2023
Assessed value
$3,489,900
Assessed 2023
Previous assessed
$3,455,400
+1.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$467,000
Assessed improvement
$3,022,900
Applied tax rate
86,025.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Motels
Use group
MOTEL
Status
Off-Market
Year built
2017
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
3
Units
58
Rooms
16
Total area
37,823 SF
Lot
3.46 ac (150,718 SF)
Zoning code
C-1N
APN
WINM M:21 B:19 L:A U:1
UPID
US42-0677011
Jurisdiction
WINDHAM
Zoning & alternative use
C-1N · Windham, MEZoning C-1N · permitted uses
C-1N · Windham, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Commercial District I North (C-1N). MapLink An interactive map for this zoning district can be found here . 2026-05-07 [Added 7-12-2022 by Order No. 22-126 ; amended 4-25-2023 by Order No. 23-067 ; 4-25-2023 by Order No. 23-060 ; 8-15-2023 by Order No. 23-150 ; 8-15-2023 by Order No. 23-151 ; 3-12-2024 by Order No. 24-033 ; 1-27-2026 by Order No. 26-009 ] A. Intent. The intent of this district is to provide and enable the continuation of existing general retail sales, services and business space within the Town of Windham in locations capable of conveniently servicing community-wide and/or regional trade areas, with safe, well-regulated automobile access and pedestrian access where appropriate. B. Permitted uses. The following uses, as they are defined in Article 3 , shall be permitted in the Commercial District I North as a matter of right. Refer to Article 5 , Performance Standards, or Subsection F , District standards, for additional use information.
Zone name
Commercial 1 North
General category
COMMERCIAL
Zone area
131.70 ac
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$1.3M
HOTEL/MOTEL Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2017
Construction
FRAME
Heating
FORCED AIR
Stories
3
Buildings
1
Units
58
Rooms
16
Lot
3.46 ac
Current owner
From public records · entity-resolved
Roosevelt Apt LLC
Entity
Free & Clear · 1 yrs held
Mailing address
965 ROOSEVELT TRL, WINDHAM, ME 04062-5857
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2025
—
Roosevelt Apt LLC
Heyland LLC
Quitclaim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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